A Japanese consortium has been officially launched in order to help Japan gain orders for nuclear power plants from so-called emerging nuclear countries. The consortium comprises nine electric utilities and three nuclear engineering companies.
Headquartered in Tokyo, JINED is three-quarters owned by nine electric power companies (so-called "epcos"): Tokyo Electric Power Co (Tepco) (20%); Kansai (15%); Chubu (10%); Hokkaido (5%); Tohoku (5%); Hokuriku (5%); Chugoku (5%); Shikoku (5%); and Kyushu (5%).Three nuclear engineering companies each hold a 5% stake in the consortium: Toshiba, Hitachi and Mitsubishi Heavy Industries (MHI). The remaining 10% of JINED is held by Innovation Network of Japan (INCJ) - a joint venture of government and industry.
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