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Government issues tenders for Tokyo Bay
1 February 2002
Tokyo's government is inviting wind developers to submit applications to install two turbines on reclaimed land in the Tokyo Bay area. The project must have a combined capacity of more than 1.5 MW to be eligible for government subsidies from the Japanese organisation for promotion of new energy, NEDO, but be less than 2 MW in order to avoid the limit on purchase of wind generated electricity set by city utility Tokyo Electric Power Co. Wind projects under 2 MW are exempt from the limit. The government hopes the increased visibility of the turbines, near to Haneda Airport, will boost environmental awareness, says Japan's leading business paper, Nikkei. According to the Nikkei report, the project developer will be exempt from fixed-asset taxes for 15 years, totalling some ´20 million yen, though this is not confirmed by the city. Project cost is estimated at about ´200 million ($1.5 million) and is set to begin by the end of fiscal year 2002. If the project is a success, the government plans to build two or three more wind turbines at a Tokyo waterfront area by the end of 2003, according to Nikkei.
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