Oil Report

Japan TEPCO gives no 08/09 nuclear run-rate f'cast

TOKYO, April 30 (Reuters) - Tokyo Electric Power Co (TEPCO) 9501.T, Asia's largest utility, said on Wednesday it could not offer a full-year estimate for its nuclear plant operation rate in the current fiscal year due to a shutdown of its Kashiwazaki-Kariwa plant.

It gave a half-year estimate for its plants to operate at an average 44 percent of their capacity to the end of September.

TEPCO said its run rate for the previous fiscal year that ended in March was also about 44 percent.

The firm’s nuclear run rate remains low due to the indefinite shutdown of its Kashiwazaki-Kariwa plant, the world’s largest nuclear complex, following a powerful earthquake in July 2007. (Reporting by Osamu Tsukimori)