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Taipower struggles with losses amid calls for reform
National Audit Office Auditor-General Chen Jui-min calls on Taiwan Power Co. (Taipower) to enhance management and boost revenue amid consecutive losses. Chen emphasizes the need for electricity price adjustments and debt interest reduction. Kuomintang Legislator Lin Ssu-ming questions Taipower’s deficits and government subsidies, urging a review of energy policy. Chen confirms NT$100 billion subsidy and stresses the importance of green energy for profit sustainability.2024/04/02 18:13 -
Taiwan mulls subsidies to offset electricity price hike
Taiwan’s Minister of Economic Affairs Wang Mei-hua discusses ongoing discussions of the Electricity Pricing Working Group and potential budgetary subsidies amid pressure for an electricity price increase in April. The government seeks to balance the needs of citizens and enterprises as it navigates potential adjustments to electricity prices. Stay tuned for further updates on the final subsidy and price adjustment plan.2024/03/13 16:03