Fact Source: Financial Supervisory Service DART
Market: KOSPI (015760)
💡 3-Second Summary
Korea Hydro & Nuclear Power has filed for arbitration with the London Court of International Arbitration against KEPCO, requesting payment of approximately USD 1.1 billion (KRW 1.57T) related to the UAE nuclear power plant contract, and KEPCO has stated it will actively respond to the process.
📊 [Summary of Key Disclosure Contents & Figures]
- Case Name: Arbitration regarding Operating Support Services Contract for UAE Nuclear Power Plant Project
- Claimant: Korea Hydro & Nuclear Power Co., Ltd.
- Respondent: Korea Electric Power Corporation (KEPCO)
- Details of Claim: On May 7, 2025, the claimant Korea Hydro & Nuclear Power Co., Ltd. filed for arbitration with the London Court of International Arbitration (LCIA) claiming payment of approximately USD 1.1 billion regarding the Operating Support Services Contract for the UAE nuclear power plant project against KEPCO.
- Claim Amount: KRW 1,569,260,000,000 (KRW 1.57T)
- Amount converted from USD 1.1 billion at the initial exchange rate of 1,426.6 KRW/USD on the arbitration filing date (May 7, 2025).
- KEPCO does not agree with the claimed amount.
- Total Equity: KRW 41,362,833,061,743 (KRW 41.36T, based on 2024 consolidated financial statements)
- Claim Amount to Equity Ratio: 3.8%
- Large Scale Corporation: Applicable
- Jurisdiction Court: London Court of International Arbitration (LCIA)
- Date of Filing / Confirmation: 2025-05-07 (Korea Standard Time)
- Future Action Plan: KEPCO plans to actively respond to the LCIA arbitration proceedings through legal representatives.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Arbitration Progress and Final Decision
This dispute involves KEPCO disagreeing with the claimed amount and responding through legal counsel. Tracking the progress of the proceedings and the final determination is important for understanding whether and how the claim is resolved. Relevant updates can be verified in subsequent periodic reports or follow-up regulatory disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured and written based on official data submitted to the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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