Fact Source: Financial Supervisory Service DART
Market: KOSPI (015760)
💡 3-Second Summary
KEPCO has clarified media reports regarding its Saudi gas-fired power plant project win, stating it was selected as the winning bidder on November 7 and expects approximately KRW 4T in equity-based revenue over 25 years upon PPA execution in November.
📊 [Key Disclosure Contents & Major Financial Figures]
- Overview of News Report Being Clarified
- Report Subject: KEPCO wins Saudi Arabian gas-fired combined cycle power plant projects
- Media Source: Yonhap News, etc.
- Date of Report: November 21, 2024
- Clarification Details
- Bid Award Date: Selected as the winning bidder for the construction and operation of Saudi Ruma 1 and Nairyah 1 gas-fired power plants on November 7, 2024
- PPA Schedule: Expected to execute Power Purchase Agreements within November 2024
- Projected Revenue: Projected to generate approximately KRW 4T (KRW 4,000,000,000,000) in equity-based revenue over 25 years through the construction and operation of Ruma 1 and Nairyah 1 plants
- Disclosure Officer: Heung-bok Oh, Head of Corporate Planning Division
- Re-disclosure Schedule
- Expected Re-disclosure Date: December 20, 2024 (To re-disclose when specific details are finalized or within 1 month)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Confirmed Disclosure and PPA Execution
This filing serves as an unconfirmed clarification notice outlining the bid selection, expected revenue scale, and PPA execution timeline following media reports regarding the Saudi gas-fired power plant project. Checking whether the Power Purchase Agreement scheduled for November is executed and formally disclosed is important for confirming the finalized terms of the contract. Investors can verify subsequent developments through follow-up re-disclosures or subsequent official filings around the indicated re-disclosure date (December 20, 2024).
📢 Disclaimer & Source Notice
Source: This content has been re-structured and generated based on official corporate filing data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This information is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the investor.
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