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4/27/2021 TOKYO, April 27 (Reuters) - Japan s Kansai Electric Power Inc and trading firm Marubeni Corp have scrapped a plan to build a 1.3 gigawatt (GW) coal-fired power plant, as project feasibility has become tough to assess, the utility said on Tuesday. A global trend towards decarbonisation is gathering pace, with Japan s biggest coal-fired power generator, Electric Power Development Co Ltd (J-Power), giving up a plan this month to build a 1.2-GW coal-fired power plant. The decision reflected the Japanese government s policy to step up decarbonisation and banks move to stop financing coal power projects, a spokesman for Kansai Electric said. He added that the partners would consider building a biomass

Japan generalYuka obayashiClarence fernandezJoe bidenHoldings incFinancial group incJapan kansai electric power incChugoku electric power co incMarubeni corpPower development co ltdMitsubishi ufjKansai electric power incElectric power development co ltdKansai electricGroup incFor restrictions