January 11, 2019 / 2:21 AM / 3 months ago

Hitachi to suspend UK nuclear power ops, post $2 bln special loss - Nikkei

TOKYO, Jan 11 (Reuters) - Hitachi Ltd has decided to suspend its 3 trillion yen ($28 billion) nuclear project in Britain and to post a special loss of about $2 billion for the year ending March, the Nikkei business daily reported on Friday.

Hitachi is set to vote on the planned suspension at its board meeting next week, the Nikkei said without citing sources.

The loss is expected to be 200 billion to 300 billion yen ($1.9 billion to 2.8 billion), it said.

Hitachi representatives could not be immediately reached for comment.

$1 = 108.3400 yen Reporting by Makiko Yamazaki; editing by Richard Pullin

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