Tokyo Electric Power Company (TEPCO) and CECIC Wind Power (Xinjiang) Co., Ltd. [Note 1], 
a Chinese wind power generation corporation, entered into an agreement today 
whereby TEPCO purchases the carbon credits to be produced by the Chinese company, 
in the period between September 2007 (when the project is expected to start) and 
December 2012, under the wind power generation CDM project [Note 2] in Wulabo of 
Urumqi City in the Xinjiang Uygur Autonomous Region. 

For this project, CECIC Wind Power (Xinjiang) Co., Ltd. constructs a wind 
farm with a total capacity of 30MW (1.5 MW x 20 units) in the suburban area 
of Urumqi City in the Xinjiang Uygur Autonomous Region and sells the generated 
power to "Xinjiang Electric Power Company" [Note 3], a local electric power 
company.

With this, a part of the electricity delivered by Xinjiang Electric Power 
Company is replaced by the wind power generation, and the consumption of 
fossil fuels is reduced. TEPCO plans to purchase a total of about 430,000 
tons of the CO2 emission reductions as CERs during the period between 
September 2007 (when the project is expected to start) and December 2012.
The details are described in the following sheet attached herewith. 

The Government of the People´s Republic of China has approved this project 
as a CDM project. TEPCO will take the necessary steps required for the generation 
of CERs, after approval by the Japanese government of this as a CDM project 
is granted. 

TEPCO´s management has addressed measures to cope with global warming as 
one of its top priority tasks. TEPCO continues to launch committed efforts 
to cope with global warming at home and abroad by implementing various 
measures to improve the efficiency in supplying and using electricity in 
Japan and acquiring carbon credits through active cooperation in overseas 
projects.


[Note 1] CECIC Wind Power (Xinjiang) Co., Ltd.
         Company name    : CECIC Wind Power (Xinjiang) Co., Ltd.
         Company Location: Urumqi City, Xinjiang Uygur Autonomous Region, 
                           People´s Republic of China
         President       : Mr. Jia Rui
         Established     : 2004
         Capital         : 52.66 million RMB 
         Business Lines  : Wind power generation, etc.

[Note 2] CDM: Clean Development Mechanism
         A system under which developed nations and economies in transition 
         participate in projects in developing countries to reduce greenhouse 
         gas emissions (or increase carbon sequestration), and acquire credits 
         for emission reduction amounts. Along with JI (Joint Implementation) 
         and ET (Emissions Trading), this is one of the initiatives of the 
         Kyoto Mechanism. The Kyoto Mechanism is an economic mechanism, which 
         allows for more flexibility in greenhouse gas reductions as set forth 
         in the Kyoto Protocol in 1997.

[Note 3] Xinjiang Electric Power Company
         An electric power company, which provides a consistent service of power 
         generation, transmission and distribution in the power grid network, 
         which consists of about 20 electric power distribution grids in Xinjiang 
         Uygur Autonomous Region.

Appendices
Appendix:Project outline of Wind Power CDM Project in People´s Republic
         of China (PDF 30.8KB)
Reference:Case examples of CDM project in China (PDF 104KB)