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Tokyo Electric Picks Toshiba as Supplier for Smart Meter System

May 1 (Bloomberg) -- Toshiba Corp., one of Japan’s three largest power-equipment makers, was selected to supply Tokyo Electric Power Co. with so-called smart meter systems that allow users to access data on their power use.

Tokyo-based Toshiba will be a prime contractor and system integrator of the communication system, the company said today in a statement.

Tokyo Electric Power, or Tepco as the company is known, plans to install smart meters in as many as 27 million households in the next 10 years, the statement said.

To contact the reporter on this story: Masumi Suga in Tokyo at msuga@bloomberg.net

To contact the editor responsible for this story: Andrew Hobbs at ahobbs4@bloomberg.net

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