ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Partner with Tepco? No thanks, say Japanese power peers

Fear of sharing the utility's nuclear cleanup costs spooks potential allies

Niigata Gov. Ryuichi Yoneyama, center, inspects Tepco's closed Kashiwazaki-Kariwa nuclear plant on Feb. 1.

TOKYO -- Tokyo Electric Power Co. Holdings, operator of the crippled Fukushima Daiichi nuclear power plant, is sinking deeper into a quagmire.

With the sixth anniversary of the Fukushima disaster drawing near, Tepco is trying desperately to get back on its feet by resuming its nuclear power operations, possibly with the help of one or more partners. But potential candidates are distancing themselves from the ailing industry leader for fear of being forced to shoulder a debilitating financial burden.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more