HomeWorld RegionsAsiaTokyo Elec consider spinning off fossil fuel-fired plants

Tokyo Elec consider spinning off fossil fuel-fired plants

Tokyo Electric Power Co., the operator of the crippled Fukushima Daiichi nuclear plant, and Japan’s government are considering spinning off the utility’s fossil fuel-fired power generation business.

Tokyo Electric, known as Tepco, and the government-backed Nuclear Damage Liability Facilitation Fund may also make the company’s nuclear and hydro power generation, electricity transmission and power sales businesses operate independently under three in-house firms, Nikkei reports.

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