Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Hitachi shares rise after report it is considering scrapping Britain nuclear project

December 10, 2018 8:35 AM
86 0

TOKYO (Reuters) - Hitachi Ltd (6501.T) shares rose as much as 2.9 percent on Monday after Japan’s TV Asahi reported the firm is considering scrapping its 3 trillion yen ($26.61 billion) nuclear project in Britain due to projections of further increases in construction costs.

Hitachi’s Horizon Nuclear Power plans to build over 5 gigawatts of new nuclear capacity at two sites in Britain – the first at Wylfa Newydd in Wales.

Read more

Share in social networks:

Comments - 0