Japan plans to bail out stricken nuclear plant 01 Apr 2011 Japan plans to take control of Tokyo Electric Power Co, the operator of the country's stricken nuclear plant, in the face of mounting public concerns over the crisis and a huge potential compensation bill, a newspaper reported on Friday. Shares of the company, also known as TEPCO, fell as much as 10 percent after the Mainichi newspaper said the government plans to inject public funds into the firm, although it is unlikely to take more than a 50 percent stake.