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Monday 27 May 1996 23:02 BST

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General Electric has won a $1.79bn (pounds 1.18bn) contract to supply a nuclear power plant, similar to Britain's Sizewell B, in Taiwan, beating Westinghouse and a US unit of ABB to clinch the deal. The plant, Taiwan's fourth, is due to be completed by the year 2004.

The legislature voted at the weekend to cancel the power plant's $6bn budget, but opponents will need to muster a two-thirds majority to scrap the plan after the Taiwanese government resubmits the bill.

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