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Tokyo Electric Power Co. Receives JPY 7.2 Billion Nuclear Compensation Grant

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Tokyo Electric Power Co. (TYO:9501) has received 7.2 billion yen in grants from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation (NDF), following approved modifications to its Special Business Plan on March 31.

This marks the 169th funding request, as compensation payments scheduled by the end of June were about to exceed previously received amounts, which included 188.9 billion yen in indemnity payments and 11.5 trillion yen in earlier NDF grants.

Cumulative compensation payouts have now reached nearly 11.7 trillion yen, comprising over 11.5 trillion yen in permanent compensation and 156.2 billion yen in provisional indemnification.

The compensation applications received include roughly 1.294 million from individuals, 2.07 million from those claiming losses due to voluntary evacuation, and 591,000 from corporations and sole proprietors.

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