TEPCO invests in Atomic Power Station in USA.
This is my site Written by admin on 1st Jun 2010 – JST(Asia/Tokyo)

 On May 10th, 2010, “TEPCO (Tokyo Electric Power Company)” announced to invest the project related to the additional construction of atomic power plant in Texas, USA. The total operating cost becomes around US$ 11.8 billion and the total investment amount invested by TEPCO is US$125 million.
 TEPCO can obtain 9.23% of the right. TEPCO gives technological assistance and therefore sends engineers to the project. It is the first time for Japanese power companies to do such a thing. The construction of two leading-edge advanced boiling water reactors (ABMR) will be initiated by Toshiba which has adequate now-how of the construction of ABMR. The owner of this nuclear power-generating plant is NRG Energy Inc in NJ, USA, and has a plan to start its commercial service from 2016-2017 and sell the electric power for around 60 years.


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