Tepco calls for government help to curb impact of rising Fukushima costs

Tepco calls for government help to curb impact of rising Fukushima costs
 

The operator of the nuclear power plant destroyed in the Fukushima disaster asked the government for help on Wednesday to avoid the risk of the utility going bankrupt over rising costs of addressing the 2011 reactor explosions and meltdowns.
It was not immediately clear what kind of support Tokyo Electric Power Co Holdings Inc is seeking, but officials insisted Japan's biggest utility is not asking for fresh financing.
"We don't want to receive national rescue measures but want to bear the Fukushima responsibility ourselves," Tepco president Naomi Hirose told a government panel,... read more

 
5 October 2016 in Business, Views: 37
Source: Reuters
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