KEPID Increases Contract with Korea East-West Power to 312.6B KRW for Fuel Environment Facility Operation… Strengthening Revenue Stability
Contract Value Increase: KEPID corrected its contract with Korea East-West Power for '2017 Fuel Environment Facility Operation Service' from 297.7B KRW to 312.6B KRW, an increase of 14.9B KRW (approx. 5%)
Revenue Contribution Rise: The revised contract amount (including VAT) accounts for 79.2% of 2025 consolidated revenue (394.5B KRW), up from 75.5%, solidifying its core revenue source
Contract Period and Scope: The contract runs from Jan 1, 2017 to Sep 30, 2026; this amendment applies to Dangjin thermal plant, while Donghae was amended earlier on Apr 22
Investment Risk: The contract amount may change during project execution, and the high dependency (79.2%) on a single contract poses client concentration risk
KOSPI Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
Company: Korea Electronic Power Industrial Development (130660)
Submission: Korea Electronic Power Industrial Development Co., Ltd