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Tepco sees steady recurring profit over 10-year period: source

2013-11-27 12:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Tokyo Electric Power Co, operator of the wrecked Fukushima nuclear plant, expects to make recurring profit of between $1.5 billion and $2 billion annually for a 10-year period, assuming it can restart its biggest nuclear plant, according to a source familiar with matter. The forecast was shown to the utility's creditors as part of a revised business plan to return to profitability after three years of losses following the meltdowns at its Fukushima Daiichi station in March 2011, the source said....

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