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Tepco says cost of Fukushima clean-up, compensation may double to S$152 billion

Published on Nov 7, 2012 2:08 PM

TOKYO (AFP) - The cost of cleaning up the mess left by meltdowns at Fukushima nuclear power station and compensating those affected may double to S$152 billion, the plant's operator said on Wednesday.

Tokyo Electric Power Company (Tepco) said decontamination of irradiated areas and paying people whose livelihoods or home life have been affected would cost more than the five trillion yen (S$76 billion) it had estimated in April.

"There is a view that we may need the same amount (again) of additional money for the decontamination of low-level radiation areas and costs of temporary facilities for storing waste," the company said in a statement.

The utility - one of the world's biggest - received one trillion yen of public cash in April in exchange for granting the government a controlling stake.

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