• Kyodo


A state-backed bailout fund has agreed in principle on a new turnaround plan for Tokyo Electric Power Co. that features more financial support from the government as Tepco gropes to contain the Fukushima No. 1 nuclear plant disaster, but the plan also assumes reactors will be restarted.

Lenders responded Thursday by extending the utility ¥500 billion.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.