• Fukushima nuclear plant operator considers split

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    TOKYO: The operator of the disaster-hit Fukushima nuclear plant could voluntarily split itself up into separate firms as part of the government’s drive to deregulate the energy market. Under the plan, Tokyo Electric Power Co. (Tepco) would set up a holding company under which three separate subsidiaries would be formed—an operator of fossil-fuel power plants, a managing firm for the grid and an electricity retailer—by the end of March 2017.

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