Japanese government will nationalize Tepco by July

 

Tepco requested Nuclear Damage Liability Facilitation Fund for capital infusion of 1 trillion yen public fund without clarifying the voting right of the government, which is very rare.
Tepco is going to submit their restructuring plan for the next decade by mid April to the government.
Tepco has also requested for 845.9 billion yen of the support for the expanding compensation of Fukushima disaster. Japanese government is going to nationalize Tepco by July.

Source

2012-03-29 11:50
東電、7月にも実質国有化へ

東京電力は29日、公的資金1兆円による資本注入を政府の原子力損害賠償支援機構に申請した。今後10年間の経営改革の道筋を示す「総合特別事業計画」を4月半ばをめどに政府に提出。政府は7月にも東電を実質国有化する。東電は福島第1原発事故の賠償拡大に伴う追加支援8459億円も同時に申請した。焦点となっている政府の議決権は計画に盛り込む。議決権を明示せずに資本注入を申請するのは極めて異例だ。

 

 

About this site

This website updates the latest news about the Fukushima nuclear plant and also archives the past news from 2011. Because it's always updated and added live, articles, categories and the tags are not necessarily fitted in the latest format.
I am the writer of this website. About page remains in 2014. This is because my memory about 311 was clearer than now, 2023, and I think it can have a historical value. Now I'm living in Romania with 3 cats as an independent data scientist.
Actually, nothing has progressed in the plant since 2011. We still don't even know what is going on inside. They must keep cooling the crippled reactors by water, but additionally groundwater keeps flowing into the reactor buildings from the broken parts. This is why highly contaminated water is always produced more than it can circulate. Tepco is planning to officially discharge this water to the Pacific but Tritium is still remaining in it. They dilute this with seawater so that it is legally safe, but scientifically the same amount of radioactive tritium is contained. They say it is safe to discharge, but none of them have drunk it.

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