Mai-Liao Power Corporation
A Taiwanese independent power producer operating a thermal power plant at Mailiao in Yunlin County.
Last updated August 25, 2026
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Overview
Mai-Liao Power Corporation (MPC) is a Taiwanese independent power producer associated with Formosa Plastics Group. The company was established on 12 April 1996 by four Formosa-affiliated industrial companies: Formosa Plastics Corporation, Nan-Ta Plastics Corporation, Formosa Chemicals & Fibre Corporation, and Formosa Petrochemical Corporation. Its creation reflected the development of private-sector electricity generation connected with the industrial complex at Mailiao in Yunlin County. MPC operates the Mailiao Power Plant in Mailiao Township. The plant uses thermal generation technology and has reported installed generating capacity of 1,800 megawatts. Its role is centered on electricity generation rather than retail power branding: the company belongs to Taiwan's independent power producer sector and supplies electricity in the context of Taiwan's electricity system and the energy requirements of the Formosa industrial group. The company's operating identity is closely linked to the Mailiao industrial area and to the wider Formosa Plastics Group manufacturing network. The founding shareholders represent major businesses in plastics, chemicals, fibers, and petrochemicals, industries with substantial and continuous energy requirements. MPC therefore functions as an industrial power-generation company whose core asset is a large thermal power facility, rather than as a diversified consumer-facing utility. Publicly available reference material identifies the Mailiao Power Plant as the company's principal power facility and gives total installed capacity as 1,800 MW. The available material does not provide a detailed account of later ownership changes, financial performance, executive leadership, generation mix beyond thermal power, or a separate consumer product portfolio. On the information available, MPC is best described as an active Taiwan-based corporate power producer within Formosa Plastics Group, serving the country's electricity sector through its Mailiao generation assets.
History
Mai-Liao Power Corporation was formed on 12 April 1996 by four companies connected with Formosa Plastics Group: Formosa Plastics Corporation, Nan-Ta Plastics Corporation, Formosa Chemicals & Fibre Corporation, and Formosa Petrochemical Corporation. The company began with initial capital of NT$4 billion. Its establishment created a dedicated power-generation vehicle for the Mailiao industrial area and placed the company within Taiwan's emerging independent power producer sector. The business is based on the Mailiao Power Plant in Mailiao Township, Yunlin County. The plant is a thermal power facility and is identified as the company's principal generation asset. Its total installed electricity-generating capacity is reported as 1,800 MW. This scale makes MPC an industrial-scale generator rather than a small captive facility or a retail electricity brand. MPC's corporate purpose is closely related to the energy-intensive activities of its founding companies. The shareholders operate across plastics, chemicals, fibers, and petrochemicals, sectors that require reliable and substantial electricity supplies. The company consequently occupies a position at the intersection of Taiwan's electricity sector and Formosa Plastics Group's industrial infrastructure. Its public identity is principally associated with electricity generation at Mailiao, not with household energy services, electricity retailing, or a broad portfolio of branded products. The available reference material does not document a detailed chronology of plant-unit additions, fuel changes, ownership restructuring, financial results, executive appointments, campaigns, controversies, or later strategic decisions. It does, however, establish the company's founding date, founding shareholders, initial capitalization, group affiliation, plant location, generation technology, and stated installed capacity. On that basis, Mai-Liao Power Corporation is documented as an active Taiwanese independent power producer operating a major thermal generation facility at Mailiao.
- 1996
Company established
[1]Formosa Plastics Corporation, Nan-Ta Plastics Corporation, Formosa Chemicals & Fibre Corporation, and Formosa Petrochemical Corporation established Mai-Liao Power Corporation on 12 April 1996 with initial capital of NT$4 billion.
Mailiao Power Plant identified as principal generation facility
[1]The company operates the Mailiao Power Plant in Mailiao Township, Yunlin County, using thermal generation technology with reported total installed capacity of 1,800 MW.
Products and positioning
Industrial independent power producer focused on large-scale thermal electricity generation in Taiwan, with close ties to the Formosa Plastics Group manufacturing complex.
Thermal power generation
Electricity generated by the Mailiao Power Plant
MPC's principal offering is electricity produced at the Mailiao Power Plant in Yunlin County. The plant is described as a thermal power facility with total installed capacity of 1,800 MW. The available reference material does not specify individual generating units, fuel procurement arrangements, dispatch patterns, or customer contracts, so this entry represents the company's documented core generation activity rather than a detailed technical product breakdown.
Sources1 sources
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