Tepco, Chubu Electric to merge existing thermal power plants

Feb 8, 2015

Tepco, Chubu Electric to merge existing thermal power plants

Tokyo Electric Power Co. and Chubu Electric Power Co. will transfer operations of their existing thermal power plants to a new joint venture, creating a huge thermal power company with a dominating market share. Under their agreement, to be finalized Monday, their thermal power ...

Jun 6, 2014

Japan announces further Ukraine aid

by Mizuho Aoki

Japan will release about ¥26 million in emergency funds to help evacuees from Crimea and eastern Ukraine, Foreign Minister Fumio Kishida said Friday. The aid will allow UNICEF and the International Federation of Red Cross and Red Crescent Societies to provide shelter, basic supplies ...

Aug 19, 2013

90% of utilities fail to meet carbon dioxide reduction targets

Nine of the nation’s 10 utilities failed to meet their self-imposed five-year targets for reducing carbon dioxide emissions by an average of 20 percent, an industry body said Monday. Their failure was caused mainly by the Fukushima nuclear disaster, which forced them to revert ...

Jul 31, 2013

Tepco logs ¥437.9 billion April-June net profit

Tokyo Electric Power Co. reported Wednesday a group net profit of ¥437.93 billion for the April-June quarter, but fuel costs for thermal power generation to make up for the loss of atomic energy due to the Fukushima No. 1 nuclear plant catastrophe that started ...