Japan will increase an interest-free loan to the operator of the wrecked Fukushima nuclear plant, Tokyo Electric Power, by more than a third to 14 trillion yen (97.30 billion pounds)a source familiar with the matter said on Thursday. Spiralling costs from the world’s worst nuclear disaster since Chernobyl in 1986 are threatening the viability of the utility known as Tepco and hampering its ability to clean up its wrecked Fukushima Daiichi nuclear plant. The increase in the loan from 9 trillion yen is to cover the costs for compensation and decontamination areas around the plant, according to the source, who is not authorized to speak to the media.
Reuters 8th Dec 2016 read more »