October 15, 2010
Hokkaido Electric Power Co., Inc. /Tohoku Electric Power Co., Inc.
The Tokyo Electric Power Co., Inc. /Chubu Electric Power Co., Inc.
Hokuriku Electric Power Company /The Kansai Electric Power Co., Inc.
The Chugoku Electric Power Co., Inc. /Shikoku Electric Power Co., Inc.
Kyushu Electric Power Co., Inc. /Toshiba Corporation
Hitachi, Ltd. /Mitsubishi Heavy Industries, Ltd.
Innovation Network Corporation of Japan
On October 22nd, a consortium of thirteen Japanese companies comprising,
Hokkaido Electric Power Co., Inc., Tohoku Electric Power Co., Inc., The
Tokyo Electric Power Co., Inc., Chubu Electric Power Co., Inc., Hokuriku
Electric Power Company, The Kansai Electric Power Co., Inc., The Chugoku
Electric Power Co., Inc., Shikoku Electric Power Co., Inc., Kyushu
Electric Power Co., Inc., Toshiba Corporation, Hitachi, Ltd., Mitsubishi
Heavy Industries, Ltd. and Innovation Network Corporation of Japan will
join hands to establish "International Nuclear Energy Development of
Japan Co., Ltd. (JINED)".
JINED will be engaged in activities leading to the creation of proposals
to support nuclear power plant projects in the emerging countries. Under
legislative and financing support from the Japanese Government, JINED
intends to submit these public-private proposals as a comprehensive
package that will contribute to the introduction of safe and reliable
nuclear power plants for the countries and allow the dissemination of
Japanese technologies and know-how, such seasoned experience includes
actual power plant construction, O&M and human resources development.
Currently, JINED in collaboration with the Ministry of Economy, Trade and
Industry of Japan(METI) and other entities is aiming to win nuclear power
plant project orders in Ninh Thuan province, Vietnam. In order to fulfill
Vietnam's own needs and requests, JINED is creating concrete plans for
power plant construction and human resources development.
JINED will be established with two hundred million yen of equity capital,
including one hundred million yen of capital reserve. Mr. Ichiro Takekuro,
Fellow of The Tokyo Electric Power Company Co., Inc., is to assume the
Presidency (CEO) of JINED.
attached sheet: Profile /JINED at a Glance (PDF 116KB)