Wednesday, December 28, 2011

TEPCO seeks compensation $9 billion more for Fukushima

Wednesday, December 28, 2011
TEPCO seeks compensation $9 billion more for Fukushima
(Reuters) - Tokyo Electric Power Co. a body called for Government-backed rescue operation on Tuesday to help compensate victims of the nuclear crisis of his Fukushima Daiichi plant an additional 690 billion yen ($8.8 billion).

Japan's largest utility, called Tepco, costs help runs in trillion yen for compensation and cleanup that had Government already in November to meet agreed 890 billion yen through a bailout Fund.

"We have reviewed the estimated sum of compensation, after the Committee addressing compensation disputes providing for additional measures decided to compensate victims of that voluntarily evacuated," Tepco said in a statement.

TEPCO was 11 March can expect by the earthquake and tsunami in October by a consultative Panel it said compensation against bills for about 4.5 trillion yen in the first two years after the crisis, triggered.

Earlier this month guidelines said a separate control panel for compensation that Tepco can expect bills for a further 200 billion yen, media reported.

Trade Minister Yukio Edano, head of energy policy, is request expected on Tuesday already in January, approve a source of close to the matter of told of Reuters.

The March accident knocked reactor cooling systems at the plant, 240 km (150 miles) northeast of Tokyo, triggering meltdowns and radiation leaks, the approximately 80,000 forced people had to leave their homes.

The roots of the crisis have been Tepco of independence into question, and sources told of Reuters already can inject the Government about $13 billion in it this month next summer in a de-facto nationalization.

The utility also additional credits and plans to companies electricity tariffs struggle with the cost of fuel, thermal loss looking for nuclear power, in April.

The crisis has on the Government, review its energy policy encouraged and Edano is set to announce later Tuesday with an agenda for the discussion of reform of the power supply.

This is expected to include separation of energy production and transmission, that help would deregulate enter through the smaller players, media reported. ($ 1 = 78.1000 Japanese yen)

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