Novuake :
Wait! 2 x 12v Rails. Meaning 300W each = 600W total.
Makes sure you plug in 2 DIFFERENT PCI-e power adapters into the card.
My apologies, you can make it power wise.
It does not quite work like that.
12v1 can output 300 watts or 12v2 can output 300 watts. But both rails combined can only supply 450watt of 12v.
If rail 1 is putting out 300 watts ,rail 2 can only output 150 watts.
Gaming power draw of the 7970 is around 190watts. max power draw is 270. Which would be gaming,watching a movie and bitcoin mining at the same time.
http://www.techpowerup.com/reviews/AMD/HD_7970/26.html
Your upgrade will be fine on the power supply you have. It meets all of the AMD requirements and is a decent rated power supply, as shown in my link above where it is tested.