The cost of cleaning up Tokyo Electric Power’s wrecked Fukushima Daiichi nuclear plant may rise to several billion dollars a year, the Japanese government said on Tuesday, adding that it would look into a possible separation of the nuclear business from the utility . A possible move to spin off Tepco’s nuclear business into a subsidiary could make it easier to sell or merge it with other companies in the future. Government officials said the possible move, discussed at a panel meeting on Tuesday, is in line with Tepco’s plan to look into all possibilities for its businesses.
Reuters 25th Oct 2016 read more »