• Kyodo

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The nation’s nuclear watchdog approved a plan Wednesday to decommission two reactors in Fukui Prefecture, a move their operator decided to take rather than shoulder the high cost of implementing safety upgrades.

Kansai Electric Power Co. will spend ¥118.7 billion to dismantle the Nos. 1 and 2 units at the Oi nuclear power plant, with work expected to wrap up in the fiscal year ending March 2049.

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