“Taiwan Power Company” (Taipower) was organized on May 1, 1946. At the end of 2011, the company had NT$330 billion in capital, with total assets of NT$1.6 trillion and 27,261 employees. Taipower provides service to 12.77 million customers on the island of Taiwan and the Kinmen and Matsu islets. The company’s major business items are power development, power supply, investment in power-related businesses, energy technology services, management consulting services, real estate development, rental and leasing business, etc.
Taipower is a state-owned enterprise under the Ministry of Economic Affairs (MOEA). The board of directors and supervisors has been established in accordance with Company Law. Business decisions are based on a Chairman-led management system. Organizational adjustments are undertaken according to the regulations stipulated by the MOEA or necessary business changes. In the management sector, there is one president who, based on regulations and decisions of the board of directors, is empowered to oversee the company’s overall business and direct and supervise the employees. There are several vice presidents (7 in 2011) to assist the president with promoting the company’s business plans. The company’s business divisions are: the headquarters, which is in charge of the business related to planning, design, supervision and evaluation; and the subsidiary units, which are in charge of the business related more to implementation. In addition, committees were established to coordinate the business that involves multiple units.
Taiwan Power Company is a public utility and the sole integrated power company in Taiwan. In compliance with the government’s economic development and the policy of ensuring the people’s well-being, the company will do its utmost on every level to provide high-quality and stable electricity to the public.