News Ticker:

UPDATE 3-Tepco calls for govt help to curb impact of rising Fukushima costs | Reuters

* Tepco president says not seeking a bailout

* Says wants help to avoid bankruptcy

* Fukushima cost overruns a concern (Adds comments by source, context)

By Osamu Tsukimori and Kentaro Hamada

TOKYO, Oct 5 The operator of the nuclear power plant destroyed in the Fukushima disaster five years ago has asked Japan’s government for help in avoiding the risk of the utility going bankrupt should there be a sharp rise in the full estimated clean-up costs.

Source: UPDATE 3-Tepco calls for govt help to curb impact of rising Fukushima costs | Reuters

This situation is only going to get worse!

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