Mitsubishi Corp. will conduct a feasibility study to help Vietnam cut energy consumption

Tokyo (VNA)- Mitsubishi Corp. will conduct a feasibility study to help Vietnam cut
energy consumption through the use of energy-saving home appliances, a local report
said.

In cooperation with five electric appliance makers, including Panasonic Corp. and
Sharp Corp., Mitsubishi will verify how much carbon dioxide and other greenhouse
gas emissions can be reduced between now through the end of March 2011, the
Yomiuri daily reported, adding that the project aims to suppress growth in the
country's energy consumption by promoting the use of products from Japan,
including energy-efficient air conditioners, refrigerators and light bulbs.

The Japanese Ministry of Economy, Trade and Industry (METI), which is supporting
projects that help Japanese companies to count their reductions of greenhouse gas
emissions in emerging economies, designated Mitsubishi's plan as one of the 15
greenhouse reduction projects last week.

Among other METI-designated projects include a Tokyo Electric Power Co. (TEPCO)
proposal, under which the company will examine how much greenhouse gas emissions
can be reduced if it wins a contract associated with a nuclear power station in
Vietnam.

According to the daily, electricity shortages have become a serious problem in
Vietnam as rapid industrialisation has seen demand for power increase by about 16
percent per year.-Enditem






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