TEPCO warns more cuts needed to stay afloat
Tokyo (AFP) April 1, 2013
Tokyo Electric Power said Monday it must cut $1.1 billion more in
annual costs to stay afloat as the operator of the crippled Fukushima
nuclear plant faces huge compensation and clean-up costs.
The sprawling utility, known as TEPCO, made the comments in a business
operations report, with the extra cuts of 100 billion yen coming on top
of plans to shrink its expenses by 3.36-trillion-yen throhttp://www.nuclearpowerdaily.com/reports/TEPCO_warns_more_cuts_needed_to_stay_afloat_999.html
Tokyo Electric Power said Monday it must cut $1.1 billion more in
annual costs to stay afloat as the operator of the crippled Fukushima
nuclear plant faces huge compensation and clean-up costs.
The sprawling utility, known as TEPCO, made the comments in a business
operations report, with the extra cuts of 100 billion yen coming on top
of plans to shrink its expenses by 3.36-trillion-yen throhttp://www.nuclearpowerdaily.com/reports/TEPCO_warns_more_cuts_needed_to_stay_afloat_999.html
No comments:
Post a Comment