” Tokyo Electric Power Co. is likely to set autumn as its target to restart the Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture, according to sources.
TEPCO will present to its main banks, as early as this month, a new funding plan to improve its critical cash flow situation. The utility intends to stipulate the target for restarting the plant in its reconstruction plan, which is scheduled to be reviewed in June.
TEPCO applied to the Nuclear Regulation Authority in September 2013 for permission to reactivate the Kashiwazaki-Kariwa plant. It believes the safety screenings of the Nos. 6 and 7 reactors are going smoothly, the sources said.
TEPCO is preparing to restart the Kashiwazaki-Kariwa plant in October or later, and plans to complete safety measures against fires and tsunami, currently underway, by autumn.
However, the smooth progress TEPCO ancitipates also depends on whether the NRA asks TEPCO to implement additional safety measures following the screenings, or if the NRA delays screenings of other nuclear plants that are being undertaken ahead of the Kashiwazaki-Kariwa plant.
In addition, Niigata Gov. Hirohiko Izumida remains cautious about the restart.
TEPCO established a new office in Niigata as a regional headquarters in April to seek the understanding of local residents on the plan to reactivate the plant. ”