TAIPOWER FIGHTS TO SAVE FOURTH NUCLEAR POWER PLANT

TAIPEI - The State-run Taiwan Power Co. (Taipower) has reiterated that it will incur an estimated loss of NT$330 billion (US$11 billion) and face possible bankruptcy if construction of Taiwan’s fourth nuclear power plant is cancelled. Hsu Yung-hua, Taipower’s acting Vice President, said it will cost Taipower an additional NT$7 billion to NT$8 billion each year if the start of operations at the plant is postponed