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Tokyo Electric Power Company Receives Compensation Funding from Japanese Regulator

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Tokyo Electric Power Company (TYO:9501) received 7.2 billion yen in grants from the Nuclear Damage Compensation and Decommissioning Facilitation (NDF), according to a Friday filing with the Tokyo Exchange.

The compensation is tied to Japan's ongoing Fukushima nuclear accident compensation program.

To date, the electric services company has received 11.5 trillion yen in grants and 188.9 billion yen in indemnity payments from the regulator.

Through the financial assistance, the company will be able to provide support to individuals who were impacted by the nuclear accident. A

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