Tepco Shares Jump on Reports of Nuclear Reactor Restart in Jan.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Nuclear Energy Revival:The Kashiwazaki-Kariwa Nuclear Power Plant Units 6, back, and 7, front, in Kashiwazaki City, Niigata Prefecture. Shares of Tokyo Electric Power Co. jumped as much as 3%, following reports that the utility is aiming to restart Japan’s largest nuclear power plant in January. Tepco stock rose in morning trading on Thursday, while the broader Topix Index declined as much as 0.8%. Local media including public broadcaster NHK reported that the company is considering restarting unit No. 6 at its Kashiwazaki Kariwa Nuclear Power Plant in Niigata prefecture around January 20.