• Kyodo

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Kansai Electric Power Co. is planning to raise an additional ¥670 billion through bank loans and issuing commercial paper by March 31, which would bring its total amount of funds raised in fiscal 2011 to more than ¥1 trillion, sources said.

Around 75 percent of the loans will be provided by leading domestic banks and the government-backed Development Bank of Japan, the sources said.

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