Korea Electric Power (KEP) has released an update.
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Korea Electric Power Corporation (KEPCO) has been selected as the successful bidder for the Rumah 1 and Nairyah 1 gas combined cycle power plants project in Saudi Arabia. The company expects to secure a power purchase agreement soon, potentially generating around KRW 4 trillion in revenue over 25 years. This development marks a significant opportunity for KEPCO in the international energy market.
For further insights into KEP stock, check out TipRanks’ Stock Analysis page.
