Chubu Electric Power Co Inc (9502.T)
22 Feb 2018
Thu, Feb 15 2018
* Chubu Electric Power Co to pay around 350 billion yen ($3.29 billion) as a capital contribution to its JERA fuel joint venture with Tokyo Electric Power Co Holdings (Tepco), the Nikkei business daily said on Friday
* Deal would give JERA access to 15 LNG terminals in Europe (Adds details)
The Japan Fair Trade Commission (JFTC) has approved plans by Tokyo Electric Power Company Holdings (Tepco) and Chubu Electric Power Co to integrate their fossil fuel power plants under their JERA Co joint venture, an official with the anti-monopoly regulator said on Friday.
BRIEF-General Electric co says commercial operation has been achieved for Chubu Electric Power Co Inc’S Nishi-Nagoya power plant block-1 in Japan
* General Electric Co says commercial operation has been achieved for Chubu Electric Power Co Inc’s Nishi-Nagoya power plant block-1 in Japan Source text: (http://bit.ly/2hFxdTK) Further company coverage: