Press Release
Establishment of "Hitachinaka Generation Co., Inc."
December 06, 2013
Chubu Electric Power Co.,Inc.
Chubu Electric Power Co., Inc. (President and CEO Akihisa Mizuno; "Chubu Electric Power") and Tokyo Electric Power Company, Incorporated (President: Naomi Hirose; "TEPCO") today established Hitachinaka Generation Co., Inc., an electric power business that will operate and maintain a new coal-fired thermal facility to be built within TEPCO's Hitachinaka Thermal Power Station (located in Tokai-mura, Naka District, Ibaraki Prefecture) and will also sell the power generated by the facility.
Hitachinaka Generation Co., Inc. looks forward to planning and promoting its electric power business with the understanding and support of the local community and all concerned.
(Profile of Hitachinaka Generation Co., Inc.)
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Company name |
Hitachinaka Generation Co., Inc. |
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President |
Akira Kuriyama* (part time) |
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Business areas |
Operation and maintenance of facilities and sale of electricity |
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Start of business |
06 December 2013 |
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Equity capital |
100 million yen (We intend to increase our capitalization together with the beginning of construction) |
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Investment ratio |
Chubu Electric Power Co., Inc. (96.55%) |
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Office |
Ueno, Taito-ku, Tokyo, Japan |
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Overview of electric power facility |
Placement |
768-23 Terunuma, Tokai-mura, Naka-gun, Ibaraki, Japan (on the site of TEPCO's Hitachinaka Thermal Power Station) |
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Generating Capacity |
Generating end: approx. 650MW (Transmission end : approx. 600MW ) one unit |
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Fuel |
Coal |
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Power generation systems |
Ultra-supercritical (USC) pulverized coal thermal |
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Start of operation |
FY2020 (planned) |
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*Chubu Electric Executive Officer & Manager-Thermal Power Department, Power Generation Division