Credit to Author: Sonal Patel| Date: Wed, 18 Dec 2019 18:43:32 +0000
The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.
Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]
The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.Read more