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.
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.
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 [...]
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.
