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KEPCO to hike electricity prices for large firms, downsize organization amid soaring debt

Korea Electric Power Corp. (KEPCO) will increase electricity rates for large companies and restructure through asset sales and reduction of workforce as it aims to overcome a debt crisis amounting to around 201 trillion won ($153 billion), its CEO said, Wednesday.
Cholla Namdo South Korea Baek Byung Yeul Kim Dong Cheol Korea Electric Power Corp Sejong Government Complex

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