Korea Joongang Daily
Korea JoongAng Daily

Kepco in talks with Vietnam, Saudi Arabia, Turkey for potential power plant deals

The state-run Korea Electric Power Corporation (Kepco) has been in talks with Vietnam, Saudi Arabia, Turkey and other countries over potential nuclear power plant deals, the company said Thursday.

2025-05-29

Korea wants to win hundreds of nuclear projects. So does everyone else.

Korea's nuclear industry aims to expand globally via the potential construction of up to 700 reactors, but it faces pricing challenges and competition from countries like France, Russia and China.

2025-05-29

Pilot killed after firefighting helicopter crashes in Daegu

A firefighting helicopter crashed in Daegu on Sunday, killing a 74-year-old pilot. The accident occurred just 11 days after a similar crash during the wildfire response in North Gyeongsang.

2025-04-06

Kepco keeps electricity rate frozen for Q2

The Korea Electric Power Corporation said it will keep the adjusted unit fuel cost, a key part of the country's electricity rates, unchanged at 5 won (less than one-tenth of a cent) per kilowatt-hour for the April-June period.

2025-03-21

Kepco to freeze adjusted fuel cost for first quarter of 2025

The state-run Korea Electric Power Corporation (Kepco) said Monday it plans to freeze the adjusted fuel cost for the first quarter of 2025.

2024-12-23

Kepco secures projects worth 1 trillion won in Saudi Arabia, Guam

The state-run Korea Electric Power Corporation said Friday it has secured new renewable energy deals in Saudi Arabia and Guam, expected to lead to over 1 trillion won in sales over the next 25 years.

2024-11-17

Kepco posts twofold hike in net profit for Q3 at $1.3 billion

Kepco reported third quarter net profit of $1.3 billion, up 125.6 percent on year, driven by a rate hike and stabilizing energy prices.

2024-11-13

Kepco makes shortlist for Saudi energy projects worth $2B

The state-run Korea Electric Power (Kepco) has been shortlisted for major renewable energy projects in Saudi Arabia estimated at 3 trillion won ($2.16 billion), the Saudi's energy procurement agency said Monday.

2024-10-28

Energy price populism can’t resolve the debt

An energy price freeze can provide immediate relief. But good bargains empty the purse.

2024-10-24

Debt-ridden Kepco to dump properties in Philippines, Indonesia

Korea Electric Power Corporation (Kepco) will divest its overseas assets, including its 60 percent share of a coal-fired power plant in Cebu, the Philippines.

2024-09-27