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Japan May Charge for Nuclear Waste Disposal, Nikkei Says
Japan May Charge for Nuclear Waste Disposal, Nikkei Says
Tokyo, March 3 (Bloomberg) -- The Japanese government will submit
legislation that will require the country's electric power companies
to pay for treatment of radioactive nuclear waste, the Nihon Keizai
newspaper said, without citing sources. Tokyo Electric Power Co.,
Japan's biggest utility, would have to spend somewhere between 15
billion yen to 20 billion yen ($138 million to $185 million) annually
as a result. Japan currently sends nuclear waste to the U.K. and
France for treatment.
Tokyo Electric Power said last month it expects group net income of
70 billion yen for the fiscal year through March 31, compared with
its previous forecast of a 140 billion yen profit.
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