The Ministry of Economic Affairs has ordered state-run Taiwan Power Co (Taipower, 台電) to build a new wastewater treatment facility for its coal-fired Taichung Power Plant in two years, Deputy Minister of Economic Affairs Tseng Wen-sheng (曾文生) said.
The plant is the largest single stationary source of air pollution in central Taiwan and has been found to have repeatedly discharged polluted wastewater.
The Taichung City Government last week fined the plant NT$20 million (US$648,130) for releasing polluted industrial wastewater and ordered it to submit a proposal to improve wastewater management within 30 days.
Taipower must submit such a plan to the city by the end of this month, Tseng said on Saturday last week.
In the meantime, the ministry asked Taipower to ensure stable power supply as the Taichung plant is a key supplier of electricity to the nation, especially during the hot summer months, he said.
The plant has suspended operation of its third and fourth generators, and cut the power generation of its first and second generators by 50 percent to meet the city’s wastewater standards and avoid fines.
However, faced with the need to maintain a stable supply of power during the peak summer demand period, Taipower wants to improve its wastewater treatment capacity in the short term to resume operation of the third and fourth generators at 25 percent capacity.
Taipower’s losses ballooned to nearly NT$17.3 billion in the first quarter of the year, from NT$12.5 billion in the same period last year, its financial statement released earlier this month showed.
The company attributed the losses to lower revenue and higher costs of oil, coal and gas, compared with a year earlier.
As summer electricity rates are to go into effect on June 1, Taipower said it expects higher revenue in the second quarter to help pare its losses.
Overall, the company’s accumulated losses totaled NT$121.6 billion as of March 31, the company said.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors