TOKYO, Dec 26 (Reuters): Japan's Shikoku Electric Power Co Inc has announced that it had invested more than 10 billion yen (US$87 million) to buy a 15% stake in the Vung Ang 2 coal-fired power plant project in Vietnam, despite the global trend to move away from coal.
The Japanese utility has paid between 10 billion and 20 billion yen to Japanese trading house Mitsubishi Corp to buy the stake, a company spokesperson said.
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