India, April 6 -- JFE Holdings, Inc. (JFEEF5411.T), and Mitsubishi Corp. (8058.T, MSBHF), said they have signed a second memorandum of understanding.
The agreement moves forward a joint plan to build a power and data center project in the Ohgishima area of the Keihin District, with the goal of forming a joint venture.
The second MOU follows an initial agreement signed in March 2025 to study the project's feasibility.
The companies, along with MC Digital Realty, confirmed that a data center can be built on about five hectares of land using power from JFE's existing plant.
The project will combine a data center and power supply, supported by a 190 MW power plant located about 20 km from central Tokyo.
The company aims to start operations...