OSAKA -- A newcomer to the electric power retail market was awarded a one-year contract Monday by the Osaka Prefectural Government, making it the first company to outbid Kansai Electric Power Co. in the Kansai region since deregulation last March.
Ennet Corp., jointly set up in July by NTT Power and Building Facilities Inc., Tokyo Gas Co. and Osaka Gas Co., will start supplying electricity to the prefectural office on April 1, prefectural officials said. NTT Power is an NTT Corp. group firm.
Although the market for supplying electricity to large-lot users was thrown open almost a year ago, competition had been limited to Tokyo until Ennet's entry into the Kansai market.