Toshiba, Hitachi, Tokyo Electric to Form Japan Nuclear Venture - Bloomberg - 0 views
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Energy Net on 12 Jul 10"Toshiba Corp., Hitachi Ltd. and Tokyo Electric Power Co. are among six Japanese companies that will form a joint venture to sell nuclear reactors and technology to Vietnam and other countries. The group, which includes Mitsubishi Heavy Industries Ltd., Chubu Electric Power Co. and Kansai Electric Power Co., will seek financial assistance from the trade ministry, they said in a joint statement yesterday. The companies have set up an office ahead of forming the venture this autumn. Japan is holding talks for nuclear cooperation treaties with India, Jordan, and Russia and has had preliminary discussions with Vietnam. The trade ministry will work to speed negotiations for the treaties, which are necessary for Japanese companies to export nuclear technology, the ministry said in a statement yesterday. "