Feb 11, 2015

Tepco offers to keep contract with Japan Atomic Power

Tokyo Electric Power Co. plans to keep its business contract with Japan Atomic Power Co. in place if the nuclear power firm helps Tepco decommission its crippled Fukushima No. 1 nuclear plant, informed sources said Wednesday. Japan Atomic Power relies on basic fees it ...

Tepco, Chubu Electric to merge existing thermal power plants

Feb 8, 2015

Tepco, Chubu Electric to merge existing thermal power plants

Tokyo Electric Power Co. and Chubu Electric Power Co. will transfer operations of their existing thermal power plants to a new joint venture, creating a huge thermal power company with a dominating market share. Under their agreement, to be finalized Monday, their thermal power ...

3/11 charges for Tepco execs delayed by three months

Oct 25, 2014

3/11 charges for Tepco execs delayed by three months

Prosecutors have delayed for three months a decision on whether to charge three former executives of Tokyo Electric Power Co. for their handling of the 2011 Fukushima disaster, an official with a panel that requested the indictments said Friday. The Tokyo District Prosecutor’s Office ...

Oct 3, 2014

New radiation scrubber begins cleaning water at Fukushima plant

The operator of the crippled Fukushima No. 1 nuclear plant on Thursday powered up an additional water treatment facility to scrub contamination from the massive quantities of radioactive water stored there. The new, mobile facility filters radioactive strontium from water used to cool three ...

Aug 12, 2014

Tepco may spin off hydroelectric, renewable energy division

Tokyo Electric Power Co. is considering spinning off its hydroelectric and renewable energy division when it switches to a holding company in April 2016, informed sources said Tuesday. A rehabilitation plan compiled last January calls on Tepco to split the three businesses of fuel ...

Apr 1, 2014

No Tepco rate hike this year

New Tepco Chairman Fumio Sudo said the utility will not hike rates later this year even if the restart of its huge nuclear power plant in Niigata Prefecture is delayed. Acknowledging that Tokyo Electric Power Co. as operator of the stricken Fukushima No. 1 ...