South Korea utility proposes Samsung pays $15 billion in advance for power, paper says

State-run KEPCO, South Korea's main utility, said in a statement ⁠it had ‌suggested an advance payment scheme to major power users including Samsung and ⁠SK Hynix, but that participation, interest rates, payment amounts and payment periods had not been finalised.

Source: The Economic Times3 September 2026 at 11:52 am ISTrss

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Original headline: South Korea utility proposes Samsung pays $15 billion in advance for power, paper says
Product category: General technology
Curation state: ingested