TAIPEI (TVBS News) — Transportation Minister Chen Shih-kai (陳世凱) announced on Monday (Oct. 7) plans to collaborate with the Ministry of Economic Affairs (MOEA, 經濟部) to guide Taiwan Railway (台鐵) in implementing energy-saving measures.
This initiative aims to offset increased costs resulting from the Taiwan Power Company's (台灣電力公司) new electricity rates, which will take effect on Oct. 16.
The new rates could raise Taiwan Railway's costs by NT$200 million to NT$300 million. In response, Taiwan Railway plans to recalculate fare adjustments, with a proposal expected for board discussion on Oct. 22.
Chen emphasized the direct impact of cost changes on ticket prices and has coordinated with Taiwan Railway Chairman Tu Wei (杜微) to leverage the MOEA's energy-saving programs.
Chen assured that Taiwan Railway's costs could decrease if energy efficiency improves, potentially negating the need for fare hikes.
Regarding Taiwan High Speed Rail (THSR, 台灣高鐵), Chen noted its status as a private entity with a public transport responsibility. He acknowledged its current healthy operations and stated that there has not been any discussion about fare adjustments.
