S. KOREAN TELECOM COMPANIES TO PUSH SUSTAINABLE ENERGY PROJECTS

Highlights –

• S. Korean telecom companies to push sustainable energy projects.
• SK Telecom Co. signed a deal with KEPCO to be supplied with 44.6-gigawatt hours of renewable energy.
• LG Uplus Corp. is also planning to double its efforts i...

KEPCO REPORTS A SHIFT IN NET INCOME IN 2020 TO $1.9 BILLION

Highlights –

• KEPCO reports a shift in net income in 2020 to $1.9 billion.
• The company’s operating profit was 4.08 trillion won.
• The company also reported an improvement in performance to the falling global price of resources.

SAMSUNG C&T HANKERING FOR VIETNAMESE COAL FIRED PLANTS AGAINST INVESTOR DECISIONS

• Potential investors in Samsung Construction & Trade (C&T) and Korea Electric Power Corp. (KEPCO) are still unbinding over the companies' comments to stall participation in overseas coal-fired power plant projects, saying the comments came a little late, right after approving p...

AKAP’S TERSE MESSAGE TO SAMSUNG C&T TO SUMMARILY TERMINATE VIETNAMESE COAL PROJECT

• AkamdemikerPension (AkaP), a Danish pension fund and a shareholder in Samsung Group companies, is calling for the conglomerate's construction unit.
• Samsung C&T, to put an end to financing and building of new coal-fired power plants across the world, voicing a number of ...

KEPCO SHOWS OPERATING LOSS SINCE 2008

Highlights –

• KEPCO to closely monitor the business situation and come up with a sustainable electricity fee system
• Discussion with the government this year as its special discount program for households came to an end last year
• Virus...