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You are here : World News – Russian opinion» Business» Compensation to victims Tepco Japanese exceed $ 130 billion

Compensation to victims Tepco Japanese exceed $ 130 billion

Posted By Russian Opinion. Under Business  Tags: Business  

36490754 Compensation to victims Tepco Japanese exceed $ 130 billion

The total amount of compensation that may be required from the Japanese Tokyo Electric Power (Tepco), the control plant "Fukushima-1, according to analysts, will be at least 11 trillion yen (133 billion dollars). It is reported by Reuters. Said amount to almost four times the current capitalization of Tepco. However, it does not include the cost to a company associated with the work on the "Fukushima-1" after the quake. In addition, shares of Tepco continue to become cheaper – on Thursday they dropped a further 8.6 per cent. From March 11, company's market value dropped by almost three-quarters. In late December it was 35 billion dollars. Earlier Tepco already recognized that emergency loans to two trillion yen (24 billion dollars) will not cover the expenses of the company. As pointed out by news, the market is increasingly having rumors that the only solution in this case would be the nationalization of the company. Tepco is the fourth largest electricity company in the world after the European E. On, Electricite de France and RWE. Currently the company is debt about 91 billion dollars, not counting the 24 billion, borrowed from banks in recent years.

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