Hitachi to examine British nuclear power plant project "cautiously"

Hitachi Ltd. said Wednesday it will examine options "cautiously" over its planned 3 trillion yen ($27 billion) project to build two nuclear reactors in Britain."Hitachi is a private company so we want to address the plan in terms of economic rationality...We don't want to trouble our shareholders," Hitachi President Toshiaki Higashihara told a general shareholders' meeting in Tokyo.Mitsuaki Nishiyama, Hitachi's chief financial officer, said one option was for the company to lower its stake in its Horizon Nuclear Power Ltd. unit to lessen the impact of the wholly owned unit's business on the…READ FULL ARTICLE