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PRIVATIZATION PLAN FOR KOREA POWER ENGINEERING SUSPENDED.
SEOUL, Aug 1 Asia Pulse - Privatization plans for Korea Power Engineering Co., an affiliate of Korea Electric Power Corp. (KEPCO) that was to be privatized along with other KEPCO affiliates, have been suspended indefinitely.
The Ministry of Commerce, Industry and Energy and the KEPCO agreed to delay the privatization, but talks on the issue will resume when the transfer of nuclear reactor type is open for discussion.
A ministry official said Korea Power Engineering would continue to be a monopoly even after it is privatized and therefore they have decided to push for its privatization after the transfer of nuclear reactor technology is liberalized.
Essentially what this means is the privatization plan for Korea Power Engineering will be suspended indefinitely since no country in the ...
- Privatization plan for Korea Power Engineering suspended.
- News wire article from: Asia Africa Intelligence Wire August 2, 2002 700+ words
...Privatization plans for Korea Power Engineering Co., an affiliate of Korea...A ministry official said Korea Power Engineering would continue to be a monopoly...the privatization plan for Korea Power Engineering will be suspended indefinitely...
- Korea Power Engineering Privatization Plan Suspended.
- News wire article from: Asia Africa Intelligence Wire August 2, 2002 700+ words
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- ABB wins US$ 22 million contract to build IT platform for Korea Power Exchange;...
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Source: HighBeam Research, PRIVATIZATION PLAN FOR KOREA POWER ENGINEERING SUSPENDED.