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Business

Japan's power giants extending reach abroad

TOKYO -- Japanese electricity providers are beefing up their generating capacity overseas, with a focus on Asian and Middle Eastern markets.

     As of the end of June, Electric Power Development, better known as J-Power, and seven regional utilities -- serving Tohoku, greater Tokyo, greater Nagoya, greater Osaka, Chugoku, Shikoku and Kyushu -- had a total capacity of 16.3 million kilowatts overseas, nearly quintuple the level from a decade earlier and the equivalent of 16 nuclear reactors. Some 75% of this was concentrated in Asia and the Middle East.

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