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Japan grapples with cost of scrapping Fukushima plant

Tepco's Fukushima Daiichi nuclear plant, site of the 2011 meltdowns.

TOKYO -- Tokyo Electric Power Co. Holdings promises to shoulder as much of the burden as possible in dealing with the aftermath of the nuclear meltdown in Fukushima, but additional outside assistance is deemed inevitable to cover the gargantuan cost of dismantling the facility.

An expert panel under the Ministry of Economy, Trade and Industry began deliberations over the additional costs of the 2011 disaster on Wednesday. Attendees included Yoshimitsu Kobayashi, chairman of the Japan Association of Corporate Executives, and Akio Mimura, chairman of the Japan Chamber of Commerce and Industry.

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