Tokyo Electric Power Co. Holdings is in talks with Toshiba, Hitachi and Chubu Electric Power on a joint venture to resume a stalled nuclear plant project in northern Japan, Nikkei has learned. The new company would build, operate and maintain the Higashidori nuclear plant as well as handle discussions with the local authorities and residents. Construction is expected to start next year at the earliest. The proposal — the first of its kind in Japan — would mark the first concrete results from talks on a four-way nuclear partnership that began about a year ago. Tepco had initially broached the idea of an alliance, hoping to improve business operations and share technological know-how following the 2011 meltdowns at its Fukushima Daiichi plant.
Nikkei Asian Review 8th Aug 2019 read more »