Kansai Electric to Spend $2.5 Billion to Improve Reactor Safety
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Kansai Electric Power Co. will spend more than 200 billion yen ($2.5 billion) to bolster defenses at its 11 nuclear reactors against earthquakes, tsunami and other accidents, president Makoto Yagi said in Tokyo today.
While it would take as long as 4 years to complete the improvements on the reactors, which are all shut for so-called post-Fukushima stress tests, Yagi is petitioning the government to allow the restart of two reactors before summer at its Ohi plant that passed the tests.