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(Update) TEPCO to Seek Govt Approval for Household Rate Hike

(Update) TEPCO to Seek Govt Approval for Household Rate Hike

   Tokyo, Jan. 20 (Jiji Press)--Tokyo Electric Power Company Holdings Inc. <9501> plans to apply as early as next week for government approval to raise its regulated electricity rates for households, it was learned Friday.
   The plan reflects a decline in earnings at the power supplier due to surges in prices for liquefied natural gas and other fuels for power generation, against the backdrop of the Russian invasion of Ukraine.

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AFP-JIJI PRESS NEWS JOURNAL


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