$74 bn lost in Fukushima disasterOctober 14th, 2011 - 12:45 am ICT by IANS
Tokyo, Oct 13 (IANS/RIA Novosti) Financial loss from the Fukushima Daiichi nuclear power plant disaster in Japan has been estimated at $74 billion, the Japanese Nuclear Safety Commission said Thursday.
The dismantlement of four reactor tanks will cost $14.9 billion and $52 billion will be spent on compensation, clean-up of radioactive soil and other measures.
The special government-backed fund set up after the disaster will finance the project. The fund is financed with money from the state budget and contributions from financial organisations and other utilities.
TEPCO, the operator of Fukushima Daiichi nuclear power plant, will compensate the expenses over the next several years.
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- Tokyo operator to be banned from Fukushima n-plant - Apr 24, 2011
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- Fukushima cleanup will take decades : Japan - Jul 10, 2011
- 'Japan has no plans to dump spent nuclear fuel abroad' - May 10, 2011
- Japan farmers from disaster zone demand compensation - Aug 04, 2011
- Japanese car-makers to work on weekends to save energy - Jul 02, 2011
- Radiation level drops in Japan's troubled n-reactor - May 08, 2011
- Radioactive levels at Fukushima lower than earlier reported:Kyodo - Mar 28, 2011
- Workers enter Fukushima's no.1 reactor for the first time since the earthquake and tsunami - May 05, 2011
- Dangerous radiation level at Fukushima No.1 reactor detected - May 10, 2011
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