Namdong Power Donates 200 Million Won for COVID-19 Damage Recovery... "Fulfilling Social Responsibility"

Yoo Hyang-yeol, President of Korea South-East Power Co.

[Asia Economy Reporter Kim Bo-kyung] Korea South-East Power Co., Ltd. will donate a total of 200 million KRW worth of funds to the Community Chest of Korea to prevent the spread of the novel coronavirus infection (COVID-19) and aid in damage recovery.

This donation will be focused on the Daegu and Gyeongbuk regions, which have been most severely affected by COVID-19. Hygiene supplies necessary for COVID-19 prevention will be provided primarily to vulnerable groups such as people with disabilities, the elderly, and low-income families who are more susceptible to the disease, and protective clothing and medical supplies will be supported for medical personnel.

Previously, since last month, Korea South-East Power has been conducting various support activities at its headquarters and business sites, including ▲providing masks and hand sanitizers to vulnerable groups ▲disinfection activities in multi-use facilities ▲blood donation campaigns to overcome blood supply crises ▲donation of local gift certificates ▲encouraging the use of local restaurants by closing the company cafeteria for dinner.

In addition, Korea South-East Power has alleviated the burden on partner companies by exempting delay penalties if contract fulfillment is delayed due to COVID-19 and allowing contract amount adjustments if conditions are met. Furthermore, to help revive the local economy depressed by COVID-19, approximately 313 billion KRW will be spent early in the first half of the year.

Yu Hyang-yeol, President of Korea South-East Power, stated, "We will continue to actively participate in overcoming national crises and carry out various social contribution activities to fulfill the social responsibilities of a public enterprise."

This content was produced with the assistance of AI translation services.