Agreement of joint development of a coal-fired power plant
Published by Joseph Green,
Editor
World Coal,
Idemitsu Kosan Company, Kyushu Electric Power Company Inc., and Tokyo Gas Co., Ltd. have all agreed to jointly proceed with preparations for the development of a coal-fired power plant. The companies plan to establish a special purpose company (SPC) aiming for May this year to deal with the joint project.
In accord with full liberalisation of the electric power retailing, the three companies have stated that they will make use of the strengths in each company’s value chains to implement a more safe, stable, and competitive electric power supply to meet social demands and expectations as energy companies. Furthermore, the companies have stated that they will do their best with regard to environmental measures and contribute to the regional economy as well.
Adapted from press release by Joseph Green
Read the article online at: https://www.worldcoal.com/coal/27032015/idemitsu-kyushu-electric-power-tokyo-gas-2119/
You might also like
FutureCoal welcomes US investment in modernising coal plants
FutureCoal welcomes the US administration’s US$625 million investment to upgrade and modernise coal plants, calling it a pragmatic step forward to achieve energy security and best environmental performance.