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Asia
 

Japan govt sees delay in restart of world's biggest nuclear plant: Sources

Published on Jul 3, 2014 5:05 PM
 

TOKYO (REUTERS) - Japanese government officials no longer expect the world's biggest nuclear plant to restart this year, sources said, a delay which deals a blow to turnaround plans for operator Tokyo Electric Power.

Starting the Kashiwazaki Kariwa facility, 300 km northwest of Tokyo, is a pivotal part of Tokyo Electric's (Tepco) attempts to shore up its finances three years after its Fukushima site suffered three nuclear meltdowns.

The company had slated the restart of two reactors at Kashiwazaki for this month, but critics have long said that goal was unrealistic and four sources with direct knowledge of the matter said it would be postponed. One source said the timetable could be pushed back by a year. "It will take some time for Kashiwazaki, it will be impossible to restart it this fiscal year," the source told Reuters.

Japan's business year started in April.

 
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