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Plan to nationalise TEPCO being floated within Japan govt-media
March 29, 2011 / 12:02 AM / 7 years ago

Plan to nationalise TEPCO being floated within Japan govt-media

TOKYO, March 29 (Reuters) - A plan to temporarily nationalise Tokyo Electric Power , the operator of the stricken nuclear plant, has been floated within the Japanese government, the Yomiuri newspaper said on Tuesday.

The government would take a majority stake and help manage the utility, the paper said citing unidentified government sources.

Tokyo Electric is struggling to control its nucler power plant in Fukushima after it was damaged by the massive earthquake and tsunami on March 11.

Plutonium found in soil at the crippled Fukushima nuclear complex heightened alarm on Tuesday over Japan’s protracted battle to contain the world’s worst atomic crisis in 25 years. [ID:nL3E7ES2ND] (Reporting by Mariko Katsumura; Editing by Edwina Gibbs)

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