Nippon Paper Industries Co., Japan’s second-biggest paper
producer, is considering a project to build what would be its largest power
plant in Ishinomaki, a port city north of Tokyo wrecked by the 2011 earthquake.
The project, an example of Nippon
Paper’s drive to expand outside its mainstay paper
products, represents the kind of investment Prime Minister Shinzo Abe endorsed
this week as part of efforts to deregulate the electricity industry. Nippon
Paper may eventually sell some of the power generated to customers.
