Toshiba 2000 Annual Report Download - page 27

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25
A consortium of Toshiba, Mitsui & Co., Ltd.
and Ishikawajima-Harima Heavy Industries
Co., Ltd. (IHI) will construct a thermal plant in
Australia. Construction began in January 2000
and the plant will be commissioned in March
2003. The consortium has already constructed
power plants in Australia with a combined
output of over nine million kilowatts.
EDF of France, the worlds largest electric
utility, selected Toshiba, with Nissho Iwai
Corporation, to supply a generator for a ther-
mal power plant in Egypt—the first generator
ever supplied to EDF by a Japanese company.
The year also witnessed many new joint ven-
tures and alliances.
In December 1999, two joint ventures were
founded with IHI and Toshiba Plant Kensetsu
Co., Ltd. Toshiba Power Systems Radiation
Techno-Service Co., Ltd. provides consulting
and services for handling radioactive materi-
als. Toshiba Power Systems Inspection
Service Co., Ltd. undertakes quality control
management and inspections of nuclear
power sites.
Global Nuclear Fuel, established with General
Electric Company and Hitachi, Ltd. in January
2000, develops, designs, manufactures and
sells nuclear fuel.
A December 1999 joint venture with Schneider
Electric S.A. of France develops and produces
high-voltage power transmission and distribu-
tion equipment. The agreement also covers
cooperation in joint procurement.
Two joint ventures with GE, producing turbine
blades in Japan and Mexico, began operations
during 1999, as planned.
At the Plant Refresh Test Facility,
Toshiba technicians use a model
of a nuclear reactor to develop
new ways to inspect the interiors
of reactor vessels and to conduct
preventive maintenance. The
facility is also used for training.
Toshiba partnered with Mitsui &
Co., Ltd. and other companies to
operate Changzhou Toshiba
Transformer Co., Ltd. in China.
The company manufactures and
sells substation transformers
and has already built up a robust
business.