TOKYO -- Mitsubishi Heavy Industries and Hitachi are poised to settle a dispute over losses related to coal-fired power plants in South Africa, Nikkei has learned, looking to put the yearslong battle behind them as both industrial groups restructure.
Energy
Hitachi to pay over $4bn in Africa dispute with Mitsubishi Heavy
Industrial groups settle clash over costs at coal power plants
Workers stand at the construction site of Eskom's Medupi power station, a coal-fired power plant, in South Africa in 2012. This and a sister project suffered huge cost overruns.
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