Press Release
Partial Amendment to the Transfer Time Period of Assets of the Hydroelectric Power Business of the Mie Prefecture Public Utilities Agency
July 12, 2012
Chubu Electric Power Co.,Inc.
Chubu Electric Power Company today (July 12) announced the completion of a written agreement with Mie Prefecture in relation to amendments to the transfer time period for the Oda Electric Power Station.
Chubu Electric Power has made the decision that the assets relating to the target facilities of the Hydroelectric Power Business of the Mie Prefecture Public Utilities Agency, as agreed with Mie Prefecture in August 2011, will be transferred in stages (announced August 02, 2011).
The Oda Power Station, which is among the relevant facilities, suffered severe damage to aqueducts, etc. with the impact of the No. 12 Typhoon in September 2011, and the following amendment to the transfer time period was decided as a result of consultation with Mie Prefecture to allow the required time for recovery.
The Oda Power Station Transfer Period
Before amendment |
After amendment |
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April 01, 2013 |
April 01, 2015 |