• Kyodo

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Chubu Electric Power Co. envisions engaging in electricity retailing and other business operations in the Tokyo area, expanding from the utility’s traditional service area, company President Akihisa Mizuno has said.

A tie-up agreement with Tokyo Electric Power Co. will help Chubu Electric “hold down fuel costs and deploy businesses in the Kanto region (centering on Tokyo) that have relatively high growth potential,” Mizuno said in a recent interview.

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