Managing Taipower’s, CPC’s debt amid chaosBy Liao Huei-chu 廖惠珠Global oil and gas markets are in turmoil. Taiwan Power Co (Taipower), through efforts on multiple fronts, earned about NT$70 billion (US$2.19 billion) last year, slightly offsetting accumulated losses of more than NT$400 billion. Taipower, CPC, and Taiwan Semiconductor Manufacturing Co (TSMC) each hold substantial amounts of debt in Taiwan. The difference between them is that TSMC borrows to finance new, profitable investments, whereas Taipower and CPC borrow mainly to service debt. With severely weakened balance sheets, it is unclear how CPC and Taipower can obtain sufficient financing and compete internationally for supplies.

Source: Taipei Times March 24, 2026 17:59 UTC