The Ministry of Economy, Trade and Industry (METI) laid the initial groundwork for the establishment of the Organisation for Cross-regional Coordination of Transmission Operators (OCCTO) with the passage of the Act for Partial Revision of the Electricity Business Act on 13 November, 2013.

The OCCTO will be formally established on 1 April, 2015, METI said in an online statement this week.

The