Apr 2, 2001CORE
KEPCO Splits Generation Business Into Six Companies
Korea Electric Power Corporation split its generation business, creating six generation companies including Korea South-East Power, Korea Midland Power Co., Ltd., Korea Western Power Co., Ltd., Korea Southern Power Co., Ltd., Korea East-West Power Co., Ltd., and Korea Hydro & Nuclear Power. The restructuring was pursued as part of a policy to introduce competition and improve management efficiency in power generation.
Sources
- Journey Toward the Development of the Power IndustryKorea Electric Power CorporationKOOther
- HistoryKorea Electric Power CorporationKOOther
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OngoingEnvironment · Economy · 2001
Split of Korea's Power Generation Sector and Planned Integration of Five Generation Companies
Tracks the 2001 split of Korea Electric Power Corporation's generation business into six companies, including five thermal generation companies and Korea Hydro & Nuclear Power, and the government's 2026 decision to integrate those five companies into a single generation company.
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