PROFILE |
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Taiwan Power (Taipower) is looking to get by with a little help from its friends. Unable to meet Taiwan's power needs on its own, the state-owned utility has opened its market to independent power producers, allowing companies to build power plants and sell to Taipower. With its generating capacity of almost 28,500 MW, the utility serves more than 10 million industrial, commercial, and residential customers. Thermal sources (coal, oil, and liquefied natural gas) fuel about 66% of Taipower's power; nuclear energy (18%) and hydroelectric sources (16%) make up the balance. Taipower has resumed construction on the nation's fourth nuclear plant, and the government has announced plans to privatize Taipower.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 8,792.10
Employees: 24,680
Revenue per employee: $356,243.92
KEY PEOPLE |
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Charng Ming Liu
CFO
CONTACT INFO |
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242 Roosevelt Rd., Section 3
Taipei, Taiwan
Phone: 886-2-2365-1234
Fax: 886-2-2367-8593
Online: Web Site
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