Japan to raise loan to Tepco to $123b for Fukushima clean-up

The hike is to cover costs for compensation and decontamination areas around the plant.

Japan will increase an interest-free loan to the operator of the wrecked Fukushima nuclear plant, Tokyo Electric Power, by more than a third to 14 trillion yen ($123 billion), a source familiar with the matter said on Thursday.

Spiraling costs from the world's worst nuclear disaster since Chernobyl in 1986 are threatening the viability of the utility known as Tepco and hampering its ability to clean up its wrecked Fukushima Daiichi nuclear plant.

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