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NEA taps JICA expertise to reduce systems losses of power cooperatives

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NEA

The state-run National Electrification Administration has tapped Japan International Cooperation Agency (JICA) for a technical cooperation project aimed at reducing systems losses and improving the operational efficiencies of electric cooperatives.

Posted: February 27th, 2013 in Latest Business Stories | Read More »

TEPCO chief vows cost cuts amid $3.68B loss

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In this Feb. 20, 2012, photo, members of the media in protective suits and masks, escorted by an official of Nuclear and Industrial Safety Agency (second from left) tour Tokyo Electric Power Co.'s crippled Fukushima Dai-ichi nuclear power plant in Fukushima Prefecture, northeastern Japan. TEPCO's chief on Wednesday, August 1, 2012, vowed "nothing was sacred" in his bid to chop costs as the world's biggest utilities firm posted a $3.68 billion quarterly loss.  AP PHOTO/ISSEI KATO

Tokyo Electric Power’s chief on Wednesday vowed “nothing was sacred” in his bid to chop costs as the operator of Japan’s crippled Fukushima nuclear power plant posted a $3.68 billion quarterly loss.

Posted: August 1st, 2012 in Latest Business Stories | Read More »

Tokyo Electric seen to keep investments in Philippine power sector

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MANILA, Philippines—Tokyo Electric Power Corp. (Tepco) will not sell its energy investments in the Philippines despite the difficulties it is facing with its Fukushima nuclear power plant in the aftermath of the devastating tsunami and earthquake that rocked Japan last March. In fact, Tepco is even planning to put up in the Philippines greenfield power [...]

Posted: July 24th, 2011 in Latest Business Stories | Read More »

S&P downgrades Japan’s Tepco

TOKYO—Standard & Poor’s on Monday downgraded its credit rating on Tepco, the operator of Japan’s stricken Fukushima nuclear plant, saying its lender banks could restructure its borrowings.

Posted: May 30th, 2011 in Latest Business Stories | Read More »

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