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Last updated on April 23, 2014 at 17:36 EDT

Latest Sendai City Subway Line Stories

2008-09-30 18:01:10

Sendai, Miyagi Pref., Sept. 30 (Jiji Press)--Tokyo Gas Co. and two other companies have applied to jointly buy the gas distribution service run by this northeastern Japan city. The team, which also includes Tohoku Electric Power Co. and Japan Petroleum Exploration Co. , was granted the right to negotiate with the Sendai municipal government because it was the sole applicant. The move comes as the city is set to privatize its gas distribution service in 2010. The three firms will work...

2008-08-21 18:00:47

Tokyo, Aug. 21 (Jiji Press)--Tokyo Gas Co. , Tohoku Electric Power Co. and Japan Petroleum Exploration Co. are considering acquiring gas service operations of the city of Sendai, it was learned Thursday. The acquisition price of the city's gas bureau, which is to be privatized in 2010, is estimated to reach some 60 billion yen. If realized, the deal would be the largest privatization of a public gas service provider in Japan in value. The northern Japan city is set to solicit bidders...