information about Fukushima published in English in Japanese media info publiée en anglais dans la presse japonaise
30 Août 2013
Toshiba Corp. and Tokyo Electric Power Co. announced Aug. 29 that they have agreed to establish a joint venture that will undertake the engineering support, operation and service business of power transmission and distribution systems in overseas markets.
The new company, T.T. Network Infrastructure Japan Corp., will be established in Tokyo on Sept. 2 and be capitalized at 100 million yen ($1 million). Toshiba will hold a 85.1-percent stake, while TEPCO will have the remaining 14.9 percent.
T.T. Network Infrastructure Japan will integrate Toshiba's technologies in power transformation and power grid solutions with TEPCO's know-how in grid planning, system design, operation and maintenance.
The company will provide engineering support for overseas transmission and distribution infrastructure projects, initially those promoted by Toshiba. The company will also develop a new, community-based business model, offering solutions proposals from consulting and system supply through to construction, operation and maintenance.
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