Tokyo Faces $6.8 Billion Bill to Get Rid of Ugly Cables Before Olympics

  • Tokyo Governor Yuriko Koike wants to remove utility poles
  • Government wants overhead cables buried before 2020 Olympics

Tepco's $6.8B Olympian Challenge

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Making the world’s biggest city beautiful is a task Japan’s beleaguered Tokyo Electric Power Co. Holdings Inc. is unlikely to relish.

The company known as Tepco, which faces $144 billion in clean up costs for the 2011 Fukushima nuclear meltdown, has been assigned with removing hundreds of thousands of utility poles across Tokyo so visitors to the 2020 Olympics can enjoy uninterrupted views of its famous cherry blossoms and neon-lit streets.