SEOUL, Jan. 28 (Korea Bizwire) — The state-run Korea Electric Power Corp. (KEPCO) said Monday it has selected South Jeolla Province as the site for its planned engineering university. KEPCO earlier said it was considering building its own university in either South Jeolla Province or the southeastern city of Gwangju, located 329 kilometers from Seoul. [...]
SEOUL, Oct. 15 (Korea Bizwire) — The value of stocks that the Korea Electric Power Corporation (KEPCO) accepted from other firms in lieu of payment for electric bills were found to have fallen sharply, incurring losses totaling 11.6 billion won. According to data submitted by KEPCO to lawmaker Eoh Kiy-ku of the Democratic Party, who [...]
SEOUL, Jul. 10 (Korea Bizwire) — The state-run Korea Power Electric Corp. (KEPCO) said Tuesday it will beef up technology cooperation with India’s state-run power company for renewable energy projects as it strives to make inroads into the vast market. KEPCO signed a memorandum of cooperation with Power Grid Corporation of India Ltd.(PGCIL) during a [...]
SEOUL, May 31 (Korea Bizwire) — A new way has been paved for corporations to incorporate the massive trove energy-related big data held by the Korea Electric Power Corporation (KEPCO) into new energy business models. The Ministry of Trade, Industry and Energy announced today that KEPCO had signed MOUs with four corporations (KT, SKT, LG [...]
SEOUL, May 17 (Korea Bizwire) — The revival of U.S. sanctions on Iran for its nuclear program is feared to cast a cloud over projects pursued by the state-run Korea Electric Power Corp. (KEPCO) in the Middle Eastern country, the utility firm said Thursday. Defying opposition from its European allies, U.S. President Donald Trump abandoned [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) discussed ways to step up nuclear cooperation as the Middle Eastern nation’s first nuclear reactor is set to start operations later this year, Seoul’s energy ministry said Tuesday. Paik Un-gyu, South Korean minister of trade, industry and energy, met with Khaldoon [...]
NAJU, South Korea, Dec. 8 (Korea Bizwire) – The head of the Korea Electric Power Corp. stepped down Friday, shortly before the end of his five-year term, after getting the state-run utility firm a step closer to securing a nuclear project in Britain. Cho Hwan-eik announced his decision to step down after KEPCO was selected [...]
SEOUL, Dec. 7 (Korea Bizwire) – The head of Korea Electric Power Corp. has offered to quit, the company said Thursday, after South Korea’s state-run utility firm was selected as the preferred bidder in a project to build a nuclear power plant in Britain. Cho Hwan-eik said he thought that by stepping down he can [...]
SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s state-run utility firm Korea Electric Power Corp. was selected as the preferred bidder in a project to build a nuclear power plant in Britain, sources said Wednesday. Toshiba Corp., which has a 60 percent stake in the NuGen consortium in charge of building the nuclear power plant in Cumbria, northwest England, plans to announce soon that KEPCO has become the preferred bidder, according to industry insiders, who wanted to remain anonymous. Still, a KEPCO official said he is [...]
SEOUL, Nov. 30 (Korea Bizwire) — The state-run Korea Electric Corp. (KEPCO) said Thursday it will push to build electric vehicle (EV) charging stations in the Dominican Republic, a project worth US$30 million. The KEPCO signed a memorandum of understanding with the Dominican Republic’s National Energy Commission (CNE) in Santo Domingo, the capital city of [...]