Japan's offline reactors send utilities into red
Tokyo (AFP) April 27, 2012Japanese electricity companies said Friday they had booked multi-billion dollar losses in the last year after the Fukushima disaster shuttered nuclear power plants and ramped up fossil fuel use. Kansai Electric Power said it incurred a net loss of 242.26 billion yen ($3 billion) turning around from a year-before profit of 123.14 billion yen.
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