Hitachi, Toshiba May Win 200 Billion-Yen Nuclear Plant Order
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Hitachi Ltd. and Toshiba Corp. may win 200 billion yen ($2.4 billion) of nuclear power plant orders from Tokyo Electric Power Co., a Hitachi official said.
The two Japanese companies, which make electronics goods as well as power equipment, have signed an engineering agreement with Tokyo Electric and aim to officially win the contracts by the end of March, Hitachi’s spokesman, Yuichi Izumisawa, said by telephone today. Hitachi will supply the reactor while Toshiba will provide the turbine and generator, the Nikkei newspaper reported, without saying how it got the information.