• Kyodo

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Kansai Electric Power Co. and four other regional utilities are planning to jointly purchase equipment as part of cost-cutting efforts, industry sources said Monday.

The tie-up between Kansai Electric, Chugoku Electric Power Co., Kyushu Electric Power Co., Shikoku Electric Power Co. and Hokuriku Electric Power Co. will take the form of joint procurement of utility poles, cables, transformers and so-called smart meters from the current fiscal year through March 31, according to the sources.

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