JFE Steel, Chugoku Scrap Coal-Fired Power Plant Plans

Lock
This article is for subscribers only.

JFE Steel Corp. and Chugoku Electric Power Co. abandoned plans to develop a coal-fired power plant near Tokyo that had drawn scrutiny from a government official.

The companies will consider building natural gas-fired generation instead, they said in a statement Thursday. The originally planned 1.07-gigawatt coal-fired plant drew criticism last year from the environment minister at the time, Koichi Yamamoto, who urgedBloomberg Terminal the companies to review the plan citing environmental concerns.