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KHNP seeks USD 1.1 billion from KEPCO in UAE nuclear project arbitration
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KHNP seeks USD 1.1 billion from KEPCO in UAE nuclear project arbitration
  • KEPCO faces KCAB arbitration filed May 21, 2026 by KHNP over an operational support services contract tied to the UAE nuclear power plant project, seeking about USD 1.1 billion.
  • The claim is about KRW 1.66 trillion, equal to 3.37% of KEPCO’s FY2025 consolidated equity of KRW 49.32 trillion.
  • KEPCO is disputing the claim amount, which was calculated using an exchange rate of 1 USD to 1,509.7 KRW.
  • The parties shifted the dispute forum from the LCIA, which is expected to be withdrawn, to the KCAB.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KEPCO - Korea Electric Power Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-235407), on May 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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