TOKYO -- A nuclear power project in the U.K. will generate more than 1 trillion yen ($8.42 billion) in orders for Japanese businesses, it was learned Sunday, giving a shot in the arm to exports by an industry suffering from a lack of orders at home since the Fukushima accident of 2011.
More than 3 trillion yen is budgeted for the project if joint venture Hitachi-GE Nuclear Energy constructs four advanced boiling water reactors -- and an even higher sum if six reactors get the nod. Hitachi has invited 40 or so Japanese companies to a meeting at the British Embassy here to explain details.
