TOKYO -- Japanese regional utilities Tokyo Electric Power Co. Holdings and Chubu Electric Power will launch a joint venture in Singapore next month to capitalize on booming power grid opportunities in Asia.
The companies are looking to meet demand for electricity grids in Cambodia, the Philippines and other parts of Southeast Asia, particularly in tourist hot spots. They intend to use their equipment's reliability as the main selling point in parts of Asia where grids are prone to blackouts. They will also offer outage recovery training for workers.
