Chubu, Tepco alliance could boost seaborne thermal coal buying power

摘要

An alliance between two of Japan’s largest powercompanies, Chubu Electric and Tokyo Electric Power Co.,could increase their buying power for thermal coal in theAsian seaborne market, traders said Friday.Tepco and Chubu Electric each buy around 10 millionmt/year of thermal coal, and the joint venture isexpected to cover their entire energy supply chain fromfuel procurement to power generation, according tocompany data.