
ClarificationOct 2, 2026, 06:16 AM
KEP Clarifies Media Report on Merger of Power Generation Subsidiaries
AI Summary
Korea Electric Power Corporation (KEP) has issued a clarification regarding a media report about a potential merger of its five power generation subsidiaries. The report, published by The Herald Business and other outlets, was based on the Korean Government's 'Plan for Functional Reform of Public Institutions.' KEP stated that they will provide further updates once specific details are finalized or within the next three months.
Key Highlights
- Korea Electric Power Corporation (KEP) is clarifying a media report regarding a potential merger of its five power generation subsidiaries.
- The Korean Government announced a 'Plan for Functional Reform of Public Institutions' which includes this proposal.
- KEP will re-disclose matters when specific details are determined or within three months.
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