Hitachinaka Generation Company

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Hitachinaka Generation Company is a subsidiary of Chubu Electric Power Company with TEPCO holding a 3.45% stake. The company was founded in December 2013 as a vehicle to build a third unit at the existing Hitachinaka Thermal Power Station.

Background

In 2013 Chubu Electric Power Company said it plans to found a joint special purpose company with Tokyo Electric Power Co. to build and operate a 600 MW coal-fired power plant, to be constructed at TEPCO's Hitachinaka thermal power station in Ibaraki Prefecture by 2019.[1]

In December 2013 the two companies announced that they had agreed to form the Hitachinaka Generation Company with Chubu holding a 96.55% stake in the company and TEPCO only 3.45%. In its media release the company stated proposed project would have an installed capacity of 650MW ultra super-critical plant with 600MW sent out to the grid. It stated that the projected commissioning date is in the 2020 financial year.[2]

Contacts

768-23 Terunuma, Tokai-mura,
Naka-gun, Ibaraki, Japan

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