IPP | Cesar Tordesillas, Japan

Tokyo Electric calls situation "severe"

A severe business situation has prompted Tokyo Electric Power Company to establish a new business management plan.

The company attributes its problems in stability in supply and demand of electricity and in environmental issues to the shutdown of all units of its Kashiwazaki-Kariwa Nuclear Power Station in 2007, wild fluctuations of oil prices, and rapidly worsened world economy.

Based on what Tokyo Electric Power Company or TEPCO calls a "severe situation," the firm treats 2009 as a crucial year for a breakthrough and has established plans that organise challenges and targets to be intensively addressed toward future growth and development.

The plan tackles the establishment of disaster-resistant nuclear power stations, the securing of stable supply of electricity, cost reduction, and the creation of a much stronger business structure.

These are embodied in the company’s Fiscal 2009 Business Management Plan.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.