Fukushima operator TEPCO considers split | Bangkok Post: news

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Fukushima operator TEPCO considers split

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The operator of the disaster-hit Fukushima nuclear plant could voluntarily split itself up into separate firms as part of the government's drive to deregulate the energy market, a newspaper said Friday. 

Logo of Tokyo Electric Power Co. (TEPCO) is seen at its headquarters in Tokyo, on October 31, 2013

Under the plan, Tokyo Electric Power (TEPCO) would set up a holding company under which three separate subsidiaries would be formed -- an operator of fossil-fuel power plants, a managing firm for the grid and an electricity retailer -- by the end of March 2017, the Nikkei business daily reported.

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