Hitachi, Mitsubishi Heavy looks for closer ties

subscribe

Hitachi Ltd and Mitsubishi Heavy Industries Ltd will explore bolstering ties over Japan's stricken Fukushima Daiichi nuclear power plant, as Hitachi looks to win a multibillion dollar contract to scrap its damaged reactors.

Hitachi and rival Toshiba Corp each submitted separate proposals for the long-term decommissioning of the hobbled nuclear plant earlier this month, a process experts say could take more than a decade and cost up to $19 billion.

Hitachi has also enlisted the help of overseas firms including General Electric Co GE in its bid to win the decommissioning order, while Toshiba is being aided by Babcock & Wilcox Co and Shaw Group Inc.

Hitachi and Mitsubishi Heavy, which already have business ties, said they are looking at ways to work together to help improve conditions at the plant and aid operator Tokyo Electric Power Co and the government.

Radiation leaks from the northern Japan plant, which was severely damaged by the massive earthquake and tsunami on March 11, have made it the world's worst nuclear crisis since the Chernobyl disaster 25 years ago.

Toshiba manufactured two of the Fukushima Daiichi reactors by itself and two jointly with GE. Hitachi manufactured another, with a sixth supplied by GE.

Related News

downed trees and power lines

Hurricane Michael by the numbers: 32 dead, 1.6 million homes, businesses without power

FLORIDA - Hurricane Michael, a historic Category 4 storm, struck the Florida Panhandle early Wednesday afternoon, unleashing heavy rain, high winds and a devastating storm surge.

 

Here is a look at the dangerous storm by the numbers:

155 mph: Wind speed -- nearly the highest possible for a Category 4 hurricane -- with which Michael made landfall near Mexico Beach and Panama City. A hurricane with 157 mph or higher is a Category 5, the strongest on the Saffir-Simpson hurricane wind scale.

129 mph: Peak wind gust reported Wednesday at Tyndall Air Force Base, which is about 12 miles southeast of Panama City,…

READ MORE
iaea-warns-of-nuclear-risks-from-russian-attacks-on-ukraine-power-grids

IAEA Warns of Nuclear Risks from Russian Attacks on Ukraine Power Grids

READ MORE

powerlines

DOE Announces $34 Million to Improve America?s Power Grid

READ MORE

electric-ferries-power

Electric Ferries Power Up B.C. with CIB Help

READ MORE

social media blogger

More people are climbing dangerous hydro dams and towers in search of 'social media glory,' utility says

READ MORE