Japan’s Chugoku, JFE Steel cancel coal plans amid concerns over profitability

Published 11:01 on January 2, 2019  /  Last updated at 00:00 on January 3, 2019  /  Asia Pacific, Japan  /  No Comments

Chugoku Electric Power Co. and JFE Steel have given up on plans to build a 1.07GW coal-fired power plant over concerns the facility might prove unprofitable, marking the seventh planned coal plant to be scrapped in Japan over the past 18 months.

Chugoku Electric Power Co. and JFE Steel have given up on plans to build a 1.07GW coal-fired power plant over concerns the facility might prove unprofitable, marking the seventh planned coal plant to be scrapped in Japan over the past 18 months.

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