TEPCO requests 1.9 trillion yen in aid from government; delayed restart leads to cash deficit

Tokyo Electric Power Company Holdings (HD) announced a provisional reconstruction plan on the 17th. The plan includes an intention to request an additional 1.9 trillion yen in financial assistance from the national government to cover additional compensation for the Fukushima Daiichi Nuclear Power Plant accident and to deal with the release of treated water. As the costs of decommissioning Fukushima and safety measures for nuclear power plants c…