The Japanese Government is willing to put under their control to Tokyo Electric Power Company (TEPCO), the operator of the Fukushima Daiichi Nuclear Power Station, through an injection of public funds, Mainichi newspaper reported Thursday. According to a senior government official, who did not identify, the Mainichi said that despite the extent the Executive does not intend to exceed 50% of control to prevent the measure from becoming a nationalization.
The manager of the Fukushima Daiichi Nuclear Power Station, which was badly damaged by the tsunami and the March 11, has been criticized for his performance, especially its lack of decision making in the management of the crisis, which has raised global alert for nuclear energy, to the extent that on several occasions discussed the possible nationalization, still officially denied.
TEPCO, the company's largest power in Asia may face multimillion-dollar compensation because, among other things because of the destruction of part of the nuclear plant leaks radioactive reactors have led to the evacuation of thousands of Japanese within a radius of 20 kilometers of the plant.
The power received yesterday an emergency credit line by 1.9 billion yen ($ 24 billion dollars) of private banks to deal with its huge costs. 
The manager of the Fukushima Daiichi Nuclear Power Station, which was badly damaged by the tsunami and the March 11, has been criticized for his performance, especially its lack of decision making in the management of the crisis, which has raised global alert for nuclear energy, to the extent that on several occasions discussed the possible nationalization, still officially denied.
TEPCO, the company's largest power in Asia may face multimillion-dollar compensation because, among other things because of the destruction of part of the nuclear plant leaks radioactive reactors have led to the evacuation of thousands of Japanese within a radius of 20 kilometers of the plant.
The power received yesterday an emergency credit line by 1.9 billion yen ($ 24 billion dollars) of private banks to deal with its huge costs.
- Japan Government to Buy Stake in TEPCO (02/04/2011)
- Japan report says government to take Tepco stake (31/03/2011)
- TEPCO Confirms That Groundwater Radiation Is So Bad, Everyone Thought It Had To Be An Error (01/04/2011)
- State not ruling out a stake in Tepco (01/04/2011)
- To correct the error on the part of TEPCO, we're deleting the previous two posts. If you reblogged them, please tell people TEPCO screwed up and this number is right. (27/03/2011)
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