Japan government weighs golden share to maintain Tepco oversight, TV Tokyo says
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The Japanese government is considering a "golden share" plan for Tokyo Electric Power Co (Tepco) to maintain oversight, allowing it veto rights over key decisions. This plan includes creating an intermediate holding company for Tepco's retail and renewable energy sectors. Tepco is seeking partners for restructuring to improve its financial situation, facing high costs from the Fukushima disaster and ongoing reliance on government funding for decommissioning and compensation.
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Source: CNA The copyright of this article belongs to the original author/organization.
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