Tokyo Electric Power wants government bailout to help pay victims of meltdowns
Tokyo Electric Power Co asked a government-backed bailout body on Tuesday for an additional 690 billion yen ($8.8 billion) to help compensate victims of the nuclear crisis at its Fukushima Daiichi power plant.
To help Japan's biggest utility, known as Tepco, meet costs running into trillions of yen for compensation and cleanup, the government had already agreed in November to provide 890 billion yen through a bailout fund.
"We have reviewed the estimated sum of compensation after the committee addressing compensation disputes decided on additional measures to compensate victims who voluntarily evacuated," Tepco said in a statement.