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Stock impact report

Nuclear reactor owned by Fukushima plant operator TEPCO suspends hours-old restart [Globe and Mail, The (Toronto, Canada)]

TOKYO ELEC PWR UNSP/ADR (TKECY) 
NASDAQ:AMEX Investor Relations: tepco.co.jp/en/corpinfo/ir/top-e.html
The restart of the No. 6 reactor at the Kashiwazaki-Kariwa plant in north-central Japan was suspended due a glitch related to control rods, which are essential to safely starting up and shutting down reactors, according to its operator, Tokyo Electric Power Company Holdings. TEPCO said there was no safety issue from the glitch and it was checking the situation. It was not known when the restart process would resume. The restart at the Kashiwazaki-Kariwa plant was being watched closely since TEPCO also runs the Fukushima Daiichi plant that was ruined in the 2011 quake and tsunami and since resource-poor Japan is accelerating atomic power use to meet soaring electricity needs. All seven reactors at Kashiwazaki-Kariwa have been dormant since a year after the meltdowns of reactors at the Fukushima plant contaminated the surrounding land with radioactive fallout so severe that some areas are still unlivable. TEPCO is working on the cleanup at the Fukushima site that's estimated to Show less Read more
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