Mar 1, 2013

Tepco mulls power cuts for industries refusing its rate hike

Tokyo Electric Power Co. may suspend power supply to companies and factories that are refusing to accept the utility’s higher electricity rates, which it has increased since last April by an average of 14.9 percent, a company official said Wednesday. The utility, which is ...

Tepco misled Diet nuke crisis panel: member

Feb 8, 2013

Tepco misled Diet nuke crisis panel: member

Tokyo Electric Power Co. provided false information last year to a panel commissioned by the Diet to investigate the nation’s worst nuclear plant catastrophe, according to sources. The misinformation led the now-defunct panel to cancel an on-site inspection of the building housing reactor 1 ...

Feb 8, 2013

Tepco plans 800,000 tons of U.S. LNG

Tokyo Electric Power Co. said Wednesday it plans to procure 800,000 tons of liquefied natural gas annually from the United States from 2017 as part of efforts to cut heavy fuel costs for thermal power generation. The LNG, including liquefied shale gas, will come ...

Don't stall Tepco coal power tender: METI

Feb 6, 2013

Don't stall Tepco coal power tender: METI

The Environment Ministry wants the industry ministry to have Tokyo Electric Power Co. postpone its planned tender to choose suppliers of electricity generated by coal-fired thermal plants, sources said. The Environment Ministry is apparently concerned about the effects on global warming as coal-fired thermal ...

Jan 27, 2013

Inose rejects Tepco cancellation fee

Tokyo Gov. Naoki Inose has balked at Tokyo Electric Power Co.’s demand that the metropolitan government pay ¥5.18 billion to cancel its contract to sell the utility electricity from its hydropower plants. Inose hinted that the Tokyo Metropolitan Government, which intends to select a ...

Jan 25, 2013

Ex-Tepco chief quizzed on suspected negligence over nuclear disaster

Prosecutors have questioned Tsunehisa Katsumata, former chairman of Tokyo Electric Power Co., for alleged professional negligence in connection with the triple-meltdown catastrophe at Tepco’s Fukushima No. 1 power plant that occurred in March 2011, investigative sources said Thursday. The prosecutors apparently focused on Tepco’s ...