(Bloomberg) -- State-owned Taiwan Power Co., the
island's biggest electricity producer, won approval to invest
NT$56.8 billion ($1.7 billion) between 2008 and 2011 to improve
its transmission and distribution network to cope with Taiwan's
economic development.
The Cabinet's Council for Economic Planning and Development,
Taiwan's top economic planner, approved the investment yesterday.
The plan is intended to improve the quality and reliability of
power supply and create a better investment environment, the
council said in an e-mailed statement late yesterday.
Read more at Bloomberg Energy News
island's biggest electricity producer, won approval to invest
NT$56.8 billion ($1.7 billion) between 2008 and 2011 to improve
its transmission and distribution network to cope with Taiwan's
economic development.
The Cabinet's Council for Economic Planning and Development,
Taiwan's top economic planner, approved the investment yesterday.
The plan is intended to improve the quality and reliability of
power supply and create a better investment environment, the
council said in an e-mailed statement late yesterday.
Read more at Bloomberg Energy News
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