Japan's Fukushima operator mulls overhaul to counter break-up plans

[riky]

Japan's Fukushima operator mulls overhaul to counter break-up plans

<p><a href="http://news.yahoo.com/japans-fukushima-operator-mulls-overhaul-counter-break-plans-114811864--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/QHgUW8GwECgWfGFBlwGxIQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-04T114811Z_1_CBRE9A30WSI00_RTROPTP_2_CBUSINESS-US-JAPAN-FUKUSHIMA-TEPCO-REORGANISATION.JPG" width="130" height="86" alt="An aerial view shows TEPCO's tsunami-crippled Fukushima Daiichi nuclear power plant and its contaminated water storage tanks in Fukushima" align="left" title="An aerial view shows TEPCO's tsunami-crippled Fukushima Daiichi nuclear power plant and its contaminated water storage tanks in Fukushima" border="0" /></a>By Yoshifumi Takemoto and Kentaro Hamada TOKYO (Reuters) - The operator of Japan's wrecked Fukushima nuclear plant is working on a reorganization plan to fend off more drastic proposals, including possibly dragging the company through bankruptcy in return for a publicly funded clean-up and shutdown of the reactors. Two people close to Tokyo Electric Power Co , or Tepco, and the government department that oversees it told Reuters that the giant utility may reorganize itself as a holding company, and separate its electricity generation and transmission businesses from the handling of Fukushima, the worst nuclear disaster since Chernobyl in 1986. Tepco's internal deliberations, which have just begun, are meant to stake out the position of Asia's biggest utility and the Ministry of Trade and Industry (METI) against other plans circulating in the government and ruling coalition of Prime Minister Shinzo Abe. Abe has vowed the government will take a more prominent role in addressing the Fukushima clean-up.</p><br clear="all"/>

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