• Kyodo


Tokyo Electric Power Co. on Thursday requested an injection of ¥1 trillion from a government-backed entity to avoid insolvency but left unsettled such key questions as how big a stake the utility will let the state have in return for receiving taxpayers’ money.

Tepco needs massive funds not only to compensate people affected by the crisis at the Fukushima No. 1 nuclear power plant but also to scrap the facility’s crippled reactors and meet growing fuel costs for thermal power generation.

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