Tohoku Electric Power Co has issued a tender for supply of 100 MW of wind power. Following an information meeting, 43 companies are expected to participate in the competition and must bid using wind turbines with a minimum rated capacity of 2 MW each. The contracts will run for 17 years with an upper limit for the price of electricity set at ´10.89/kWh ($0.083/kWh). However, the private Japanese wind sector says bidders will need to lower their price to around ´9/kWh to be successful. The deadline for bids is April 8 and the winners will be announced in May. Last year 13 companies participated in a smaller tender, winning five contracts. Japan has about 300 MW of installed wind power capacity.