China Steel Corporation announced that the BOD approved to invest TWD 5909 million on Phase one project of replacement program of Boiler-Turbine-Generators for #1 power plant. Anticipated date of the investment: June 1, 2020 ~ March 31, 2029. Source of funds:70.48% of funds will come from working capital, and the remainder will depend on loans. Concrete purpose/objective: Improve the energy generation efficiency, stabilize the supply of steam and electricity power, enhance the rate of energy generated by CSC, and invest on DeSOX and DeNOX equipment to improve air quality. After the project is completed, the rate of energy generated by CSC can increase from 55.6% to 69.2%; the project is estimated to reduce emissions by 154 tons of SOx, 56 tons of NOx, and 147,000 tons of CO2 per year.