TOKYO ELECTRIC POWER

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Tokyo Electric Power : Financial Assistance from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation

09/28/2016 | 05:20am

On September 23, we received a funding grant of 104.1 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation (hereinafter referred to as NDF) based on the revision of the Special Business Plan which was approved on March 31, 2016.
This financial assistance was given in response to the 56th request we made in order to cover the compensation payouts due by the end of October 2016. The amount of the payouts to be paid by that time had been estimated to exceed the sum of the compensation we had received in accordance with the 'Act on Contract for Indemnification of Nuclear Damage Compensation' (188.9 billion yen) and the financial assistance that the NDF has provided (6,229.9 billion yen).
With financial assistance from the NDF, we are determined to continue to pay the compensation with courtesy and compassion to all of those who have been afflicted by the nuclear damage.

TEPCO - Tokyo Electric Power Company Inc. published this content on 23 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 September 2016 09:20:03 UTC.

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