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KEPCO proposes Samsung Electronics prepay $15 billion for power through 2031

Korea Electric Power Corp proposed Samsung Electronics pay 20 trillion won ($15 billion) in advance for power through 2031 to fund grid expansion, Chosun Ilbo reported. KEPCO also proposed SK Hynix pay 5 trillion won.

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Korea Electric Power Corp (KEPCO) KRX:015760 has proposed Samsung Electronics KRX:005930 pay 20 trillion won ($15 billion) in advance for power through to 2031 to help fund the expansion of its grid, the Chosun Ilbo reported on Thursday.It has also proposed that SK Hynix KRX:000660 pay 5 trillion w…