9K Billion Yen financial support from JP Gov to Tepco / Over 30 years to refund
On 3/23/2015, Board of Audit of Japan reported the financial support from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation to Tepco sums up to 9K billion (9,000,000,000,000 / 9 Trillion in US way) Yen by now.
The Nuclear Damage Compensation and Decommissioning Facilitation Corporation is invested by Japanese government and other power companies.
The corporation plans to collect the fund from Tepco’s profit and sales profit of Tepco’s company stock. However the company stock is only valued at approx. 1K Billion Yen.
From their simulation, it may take over 30 years to collect the entire fund, but they admit it can take longer than that.
Unless they boost the stock price of Tepco, they would not be able to collect the fund.
Related article.. Tepco received 36th financial support of 78.3 billion yen [URL]
9 000 milliards de Yens d’aide financière gouvernementale pour Tepco : plus de 30 ans pour rembourser
Le 23 mars 2015, le Bureau d’Audit du Japon a rapporté que, pour Tepco, l’aide financière du Nuclear Damage Compensation and Decommissioning Facilitation Corporation atteint à présent 9 000 milliards de Yens (9 000 000 000 000 / 9 Trillions US).
La Nuclear Damage Compensation and Decommissioning Facilitation Corporation est financée par le gouvernement japonais et des compagnies d’électricité.
Cette entreprise prévoit de récupérer ses fonds sur les bénéfices et les ventes des stocks de Tepco. Néanmoins, les avoirs en stock sont estimés à seulement environ 1 000 milliards de Yens.
D’après leur simulation, il faudra sans doute plus de 30 ans pour récupérer la totalité des fonds et ils reconnaissent que ça pourrait être encore plus long.
Ils ne récupèreront jamais leurs fonds, sauf à faire monter la valeur des stocks de Tepco.
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.