Japanese Government Will Nationalize Tepco By July

Japanese government will nationalize Tepco by July (Fukushima Diary, Mar 30, 2012):

Tepco requested Nuclear Damage Liability Facilitation Fund for capital infusion of 1 trillion yen public fund without clarifying the voting right of the government, which is very rare.

Tepco is going to submit their restructuring plan for the next decade by mid April to the government.

Tepco has also requested for 845.9 billion yen of the support for the expanding compensation of Fukushima disaster. Japanese government is going to nationalize Tepco by July.


2012-03-29 11:50

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