A fierce standoff between some North-West landowners and a state-owned company is threatening to impede a crucial $1 billion high-voltage transmission line, as farmers reject what they say are inadequate compensation offers.

The North West Transmission Development (NWTD) will see new high-voltage power lines constructed on private properties along new and existing routes through North-West Tasmania.

Proponent TasNetworks is offering landowners affected $200,000 per kilometre as a "strategic benefit payment".

A TasNetworks spokesman said the company began sending out offers for the payment to landowners in June, and some of them have already accepted.

But cattle farmer Wade Rockliff, whose Sheffield property would host new TasNetworks towers, has compared the compensation offer to bread

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