Japan announces coal plant in China
JAPAN - Japan's Electric Power Development Co. announced plans for a coal plant in China. The firm said it will work with two Chinese power utilities to build the large-scale coal thermal power plant in the China's Jiangxi province, the Jiji Press English News Service reported.
The power plant will be equipped with two 660,000-kilowatt power generators with a thermal efficiency rate reportedly 40 percent higher than the average rate at Chinese power plants.
Construction, scheduled to begin in April of this year, is estimated at $760 million. The plant is expected to be operational by the end of February 2010.
The Japanese power company said it will hold a 10 percent stake in the operation and it's newly established wholly owned subsidiary in Beijing that will oversee its Chinese power generation operations.
The subsidiary, J-Power Consultant China, will open April 1, the firm said.
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Brazilian electricity workers call for 72-hour strike
BRASILIA - Brazil's national electricity workers' collective (CNE) has called for a 72-hour strike to protest the privatization of state-run electric company Eletrobras and its subsidiaries.
The CNE, which gathers the electricity workers' confederation, federations, unions and associations, said the strike is to begin at Monday midnight (0300 GMT) and last through midnight Wednesday.
Workers are demanding the ouster of Eletrobras President Wilson Ferreira Jr., who they say is the leading promoter of the privatization move.
Some 24,000 workers are expected to take part in the strike. However, the CNE said it will not affect consumers by ensuring essential services.
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