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Fukushima costs to almost double: report

Compensation for 2011 nuclear disaster and decommissioning of damaged nuclear plant is now estimated at more than 20t yen, from 11t yen earlier

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The cost of cleaning up Tokyo Electric Power's wrecked Fukushima-Daiichi nuclear plant (above) may rise to several billion dollars a year, from less than US$800 million per year now, the Japanese government said last month.

Tokyo

JAPAN'S trade ministry has almost doubled the estimated cost of compensation for the 2011 Fukushima nuclear disaster and decommissioning of the damaged Fukushima-Daiichi nuclear plant to more than 20 trillion yen (S$253.88 billion), the Nikkei business daily reported on Sunday.