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Business

Japan's Tepco, Chubu Electric eye move into coal trading

Coal-fired power plants, like Tokyo Electric Power's Hitachinaka facility seen here, remain a key power source in Japan.

NAGOYA -- Tokyo Electric Power Co. Holdings and Chubu Electric Power are looking to acquire Electricite de France's coal-trading business, seeking a new source of income as well as cheaper fuel for Japanese power plants.

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