[Market Focus] Korea Power Engineering Company Soars Over 10% on Government’s New Nuclear Power Plant Plans
With the government deciding to proceed with the construction of new nuclear power plants as planned, Korea Power Engineering Company is showing strong performance.
![[Market Focus] Korea Power Engineering Company Soars Over 10% on Government’s New Nuclear Power Plant Plans](http://www.asiae.co.kr/news/img_view.htm?img=2026012614141015584_1769404449.jpg)
As of 9:29 a.m. on January 26, Korea Power Engineering Company is trading at 151,000 won, up 16,900 won or 12.60% from the previous trading day.
Kim Seonghwan, Minister of Climate, Energy and Environment, stated in a briefing the previous day, "We will push forward with the new nuclear power plant construction plans included in the 11th Basic Plan for Electricity Supply and Demand as scheduled."
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Hana Securities said in a report released on this day, "The two new large-scale nuclear power plants will begin operation in 2037 and 2038, respectively," adding, "There is a possibility that additional nuclear power plants will be included in the upcoming 12th Basic Plan for Electricity Supply and Demand, so expectations for new nuclear projects remain valid."
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