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Message Subject *** Fukushima *** and other nuclear-----updates and links
Poster Handle Anonymous Coward
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TEPCO forecasts 120 bil. yen group net loss for FY 2012

Tokyo Electric Power Co. said Monday it expects to log a group net loss of 120 billion yen in the business year ending March, compared with the previously forecast loss of 45 billion yen, on increasing fuel costs for thermal power generation in the aftermath of the 2011 Fukushima Daiichi nuclear power plant disaster.

The operator of the plant, crippled by the 2011 earthquake and tsunami in northeastern Japan, now also expects a bigger operating loss of 275 billion yen than the earlier forecast 225 billion yen, on sales of 6.01 trillion yen, down from the earlier 6.03 trillion yen.
[link to english.kyodonews.jp]
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