If your goal is to use the 1070 strictly as a PhysX card, then probably you can run that configuration, since the Physx calculations probably shouldn't draw the full rated power.
If you are planning on using DirectX 12 Explicit Heterogeneous Multi-GPU rendering (not many games, Ashes of the Singularity, others?), then AT STOCK, your two cards will be drawing 420 watts ( 35 A ) on the +12 V all by themselves. This does not include system draw. If you are overclocking then your power draw will of course be higher. ( you mentioned GPU, but not CPU overclocking), and does not specify if the Cards you are buying are factory overclocked. Figure ROUGHLY 50 to 55 A MINIMUM power needed, depending on what exactly you have in your system...