[Special Stock] Daewon Cable, News of Private Opening in 'KEPCO Monopoly' Transmission Market... Highlighting Benefits for Power Transmission Cables↑

Daewon Electric Wire & Cable is showing strength. This is interpreted as being influenced by news that the government is considering opening the transmission market, which Korea Electric Power Corporation (KEPCO) had a monopoly on, to private companies.

As of 9:18 AM on the 17th, Daewon Electric Wire & Cable is trading at 1,254 KRW, up 6.72% compared to the previous day.

According to industry sources the day before, the Ministry of Trade, Industry and Energy and KEPCO are estimating the investment cost required until 2036 at over 56 trillion KRW in the '10th Long-term Transmission and Substation Facility Plan,' which is expected to be finalized and announced as early as the first half of the year. They have also brought up the option of raising the insufficient funds from the private sector.

It is observed that KEPCO is considering a method where it does not bear all the costs for installing the shared network but involves private companies in large-scale demand areas to share the expenses. The industry sees the so-called 'West Coast Power Highway Project,' which connects the Honam region and the metropolitan area, as likely to be the first case to receive private investment, considering the scale of the project and the urgency of system operation.

Meanwhile, Daewon Electric Wire & Cable primarily manufactures and sells various types of electric wires, focusing on power and communication cables. Major products include spiral wires and power cables used for power delivery, insulated wires used for power wiring, and communication wires used for urban and intercity communications.