Financial Assistance from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation
May 22, 2020
Tokyo Electric Power Company Holdings, Inc.
On May 22, we received a funding grant of 11.3 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation (hereinafter referred to as NDF) based on the revision of the Special Business Plan which was approved on April 24, 2020.
This financial assistance was given in response to the 100th request we made in order to cover the compensation payouts due by the end of June 2020. The amount of the payouts to be paid by that time had been estimated to exceed the sum of the compensation we had received in accordance with the "Act on Contract for Indemnification of Nuclear Damage Compensation" (188.9 billion yen) and the financial assistance that the NDF has provided (9,331.1 billion yen).
With financial assistance from the NDF, we are determined to continue to pay the compensation with courtesy and compassion to all of those who have been afflicted by the nuclear damage.
For records of TEPCO’s compensation applications and payouts (cumulative payouts and total amounts paid, by category), please see here.