Denka JV to Build New Hydroelectric Power Plant in Japan

Denka Co. Ltd. (TYO:4061) and Hokuriku Electric Power Co. will build a new hydroelectric power plant in Itoigawa City, Niigata Prefecture, through their 50:50 joint venture Kurobegawa Denryoku. Construction of the facility has been under consideration since August 2014 and is slated to begin in 2018. Transmission is planned to start in April 2022. Denka will be entitled to a…

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