
TOKYO -- Tokyo Electric Power plans to build a state-of-the-art coal-fired power plant near the Japanese capital with Electric Power Development, sources familiar with the matter said Saturday.
Tepco and Electric Power Development, a Japanese electricity wholesaler better known as J-Power, plan to invest a total of around 200 billion yen ($1.91 billion) in the plant, which will be located in Yokosuka, Kanagawa Prefecture.