Chubu Electric eyeing more business in Tokyo area

Jan 5, 2015

Chubu Electric eyeing more business in Tokyo area

Chubu Electric Power Co. envisions engaging in electricity retailing and other business operations in the Tokyo area, expanding from the utility’s traditional service area, company President Akihisa Mizuno has said. A tie-up agreement with Tokyo Electric Power Co. will help Chubu Electric “hold down ...

Dec 21, 2014

Plan to truck Fukushima radioactive soil, waste is put on hold

The government has given up on an earlier plan, slated to start in January, to transport radioactive soil and other waste from decontamination work following the 2011 Fukushima nuclear disaster to nearby towns, sources close to the matter said Sunday. The move comes as ...

Dec 19, 2014

3,700 Fukushima evacuees running out of time to claim compensation

Some 3,700 of those forced to flee during the Fukushima nuclear crisis in March 2011 have yet to exercise their right to claim compensation from Tokyo Electric Power Co., according to a Tepco executive. Tepco has received claims for provisional compensation from some 166,000 ...

Dec 17, 2014

Tepco's net income set to rise 19%

Tokyo Electric Power Co. said net income will rise 19 percent this fiscal year and that it will put off an increase in electricity rates in favor of more cost cuts. The country’s biggest electricity utility is projecting net income of ¥521 billion ($4.4 ...