Japan says it will approve Fukushima operator's revival plan


  • World
  • Wednesday, 15 Jan 2014

TOKYO (Reuters) - Japan's trade ministry said it would approve on Wednesday a revival plan for the utility responsible for the Fukushima nuclear disaster, Tokyo Electric Power Co, its second attempt at restoring battered finances.

The plan hinges on Tokyo Electric (Tepco) restarting its Kashiwazaki Kariwa nuclear plant to cut fossil fuel costs, a contentious issue staunchly opposed by the local governor.

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