Korea Electric Power Corporation Engineering & Construction Company, Inc. (KEPCO E&C) announced on February 27 that it has signed a preliminary Engineering, Procurement, and Construction (EPC) contract for the Wando Geumil Offshore Wind Power Project.
The contract amount is KRW 32,323,000,000, which is equivalent to 5.8% of KEPCO E&C's 2024 revenue of KRW 553,400,000,000.
The contract period runs from February 27, 2026, the date of this announcement, through December 31, 2026. This is a joint supply (shared execution) contract, and KEPCO E&C's portion accounts for 27.1% of the total contract value.
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