12:15 25 March 2016
Shikoku Electric to scrap oldest reactor at Ikata nuclear plant
OSAKA, March 25, Kyodo
Shikoku Electric Power Co. said Friday it will scrap the oldest of the three reactors at its Ikata nuclear complex in the western Japanese prefecture of Ehime on May 10, as it would be too costly to continue running the nearly 40-year-old unit.
The utility's president Hayato Saeki met with Ehime Gov. Tokihiro Nakamura to convey the company's decision to decommission the No. 1 reactor, which is currently offline.
The power company estimates an investment of more than 100 billion yen ($889 million) will be needed to beef up safety measures for restarting the apparatus which started operation in 1977.
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