ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Marubeni begins $1.2bn gas power project in Taiwan

Shift from coal and nuclear opens opportunities for Japan contingent

A Marubeni gas power plant in Thailand. The Japanese company plans similar facilities in Taiwan.

TOKYO -- Japanese trading house Marubeni has broken ground on a 130 billion yen ($1.17 billion) gas power project in Taiwan with U.S. partner General Electric, riding the island's move away from coal and nuclear energy.

The partners won the order from state-owned Taiwan Power Co. in mid-February. Two 1-gigawatt combined-cycle gas power plants -- among the largest in the world -- will go online by 2022 in a coastal area of Taoyuan, about 40 kilometers from Taipei.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more