Tokyo Electric Power Co (TEPCO) (TKECY.PK) plans to grow its renewable and nuclear energy operations, according to a Reuters story.
Asia’s biggest utility also is planning to expand its business activities throughout the region, it stated in a mid-term business plan unveiled Monday.
The company intends to generate more than half its power from non-fossil fuel sources within 10 years–up from one-third today. This will be accompanied by an investment of 2.5 trillion yen ($30 billion) into low-carbon projects including nuclear power, liquid natural gas plants and smart grid development.
TEPCO aims to triple its overseas power generation over the same time period, focusing particularly on China and India.
Read the full story at the link below.
Loading...