Korea Electric Power Archives

Korea Electric Power Remains in Red in Q2

SEOUL, Aug. 12 (Korea Bizwire) — State-run Korea Electric Power Corp. (KEPCO) said Friday its earnings stayed in the red in the second quarter, amid higher production costs in the face of the Russia-Ukraine war. Net losses came to 1.9 trillion (US$1.43 billion) won in the April-June period, narrowing from a 4.83 trillion-won loss tallied [...]

S. Korea to Invest 200 Bln Won This Year to Expand EV Charging Infrastructure

SEJONG, Aug. 2 (Korea Bizwire) – South Korea will spend about 200 billion won (US$180.3 million) this year to sharply expand electric vehicle charging infrastructure nationwide as part of its efforts to foster the eco-friendly sector as a new growth engine, the trade ministry here said Tuesday. Under the plan, led by the Korea Electric [...]