Conclusion of Technical Cooperation MOUs between KAHRAMAA & Chubu and QEWC & JERA

Chubu Electric Power Co., Inc. ("Chubu") signed memorandum of understanding with Qatar General Electric & Water Corporation ("KAHRAMAA"), and JERA Co., Inc. ("JERA") signed memorandum of understanding with Qatar Electricity and Water Company Q.P.S.C ("QEWC") respectively for Technical Cooperation yesterday.

Chubu signed the MOU for Technical Cooperation with KAHRAMAA and QEWC in 2007 aiming at establishing a strong relationship with the State of Qatar. Since then, Chubu has been implementing technical cooperation regarding the power system with KAHRAMAA and regarding the power generation with QEWC and accepting trainees, which contributed to tightening the relationship with Qatar.

JERA has developed good relationships with business partners in Qatar over many years of LNG procurement, participation in a gas thermal power generation and desalination project (Note) funded by QEWC and so on.

Under the MOU, Chubu will continue its technical cooperation with KAHRAMAA, and JERA will start its technical cooperation with QEWC.

Chubu will further strengthen the relationship with KAHRAMAA through mutual technical cooperation such as Smart Grid, Development of Human Resources and Green Transformation.

JERA will establish a power generation technology working group that will consider opportunities for business expansion through the collaboration with QEWC. JERA will also engage in technical cooperation related to improving safety management, maintenance quality, and promoting environmental protection at QEWC's Ras Abu Fontas site.

Through the MOUs, Chubu and JERA will further develop the relationship with Qatar.

(Note) Ras Laffan B Gas Thermal IWPP project, Ras Laffan C Gas Thermal IWPP Project, Umm Al Houl Gas Thermal IWPP project, Mesaieed Gas Thermal IPP Project