3 Japanese Companies Integrate Hydroelectric Power Generation System

Hitachi Ltd. <6501>, Mitsubishi Heavy Industries Ltd. <7011> and Mitsubishi Electric Corp. <6503> said Wednesday that the three Japanese companies have agreed to integrate their hydroelectric power generation system operations.

The three plan to set up a preparatory company in May. The new company, tentatively named HM Hydro Ltd., plans to launch operations in October.

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