Taipower price bids breach ceiling, seeks to renegotiate

摘要

Taiwan Power will ask bidders that submitted the lowest offers in a recent annual contract tender to further cut their price bids, but will leave open an option to scrap the bid altogether if the negotiations are unsuccessful, a source said. All price offers in the tender for 10 annual contracts for a combined five million mt of bituminous and sub-bituminous coal breached Taipower's set price ceiling.