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Companies Oppose Japan’s Plan to Cut Electricity Supply to Businesses

8:02 AM MDT | April 8, 2011 | Deepti Ramesh

Nippon Keidanren (Tokyo), the leading business association in Japan, which represents 1,281 companies, 129 industrial associations, and 47 regional economic organizations, has opposed the Japanese government’s plan to cut electricity supply to businesses by 25%, reports say. Hiromasa Yonekura, chairman of Nippon Keidanren, who is also the chairman of Sumitomo Chemical, says that Nippon Keidanren has raised objection to the government’s plan. Several areas in Japan, including Tokyo, will face a shortage of power during the summer months as a result of...

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