Tokyo Electric May Give Technical Support to Turkey Nuclear Bid

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Tokyo Electric Power Co. will consider providing technical support if asked by a Japanese group including Toshiba Corp. (6502) that’s seeking orders to build four nuclear power reactors for Turkey’s government.

“We haven’t make any decision on participating,” said Yoshinori Mori, a Tepco spokesman. “We’ll consider whether we can offer technical support if we get such a request.”

Tokyo Electric will probably be replaced by another utility, the Sankei newspaper reported earlier today, citing a Turkish government official it didn’t name. Talks between Turkey and the group have been suspended since the March 11 earthquake, Sankei said.

Tokyo Electric is reviewing its overseas businesses as it plans a restructuring, Mori said. The Turkish project isn’t included in the review as the utility hasn’t made a decision to participate, he said.

To contact the reporter on this story: Mariko Yasu in Tokyo at myasu@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net

via Tokyo Electric May Give Technical Support to Turkey Nuclear Bid – Bloomberg.


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