Fact Source: Financial Supervisory Service DART
Market: KOSPI (015760)
💡 3-Second Summary
KEPCO disclosed that a casualty occurred involving an employee of its subsidiary, KEPCO KPS, at a thermal power plant in India, prompting local site verification and countermeasures.
📊 Key Disclosure Content & Financial Highlights
• Disclosure Title: Serious Industrial Accident (Major Management Matter of Subsidiary)
• Subsidiary Name: KEPCO Plant Service & Engineering Co.,Ltd. (KEPCO KPS)
• Representative: Hong-Yeon Kim
• Main Business of Subsidiary: Power plant equipment maintenance and repair
• Location of Occurrence: Bhavnagar Thermal Power Plant, India
• Details of Incident: Accident caused by fly ash from above during internal inspection of on-site Ash Hopper
• Casualties: 1 Deceased / 0 Injured
• Date of Occurrence: March 17, 2026
• Date Reported to Ministry of Employment and Labor: March 18, 2026
• Action Taken & Future Countermeasures: On-site verification with relevant local authorities in India and planned establishment of recurrence prevention measures
• Other Key Notes: As a local entity in India subject to Indian law, the applicability of the domestic Occupational Safety and Health Act remains unclear; a corrective disclosure will be submitted later.
• Subsidiary Asset Metrics (Based on 2024 Audit Reports):
- Subsidiary Total Assets: KRW 1,675,775,785,632 (KRW ~1.68T, based on 2024 separate audit report)
- Parent Consolidated Total Assets: KRW 246,807,794,596,267 (KRW ~246.8T, based on 2024 consolidated audit report)
- Ratio to Parent Consolidated Total Assets: 0.68%
- Major Subsidiary Status: No
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Investigation Findings and Potential Corrective Disclosures
This filing discloses the occurrence of a serious industrial accident and initial response measures at an overseas site of subsidiary KEPCO KPS. Monitoring whether corrective disclosures are filed as further legal and factual details are verified—as noted in the filing—is important for tracking the outcome of this matter. Relevant details can be verified through future corrective disclosures and official periodic reports.
📢 Disclaimer & Source Notice
Source: This content was structured and newly authored based on official data submitted to the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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