Financial Assistance from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation
Mar 25, 2020
On March 25, we received a funding grant of 116.9 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 October 23, 2019.
This financial assistance was given in response to the 98th request (142.8 billion yen) we made in order to cover the compensation payouts due by the end of April 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 (9,179.8 billion yen). The grant received this time is TEPCO’s March share.
The April share will be announced separately on a later date.
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.