Korean firm planning three power plants

Korea Electric Power Corp. (Kepco), the largest power distributor in South Korea, is eager to take advantage of the bright prospects in the country’s energy sector, mulling over a plan to build three plants in the Philippines in the next three years.

“Kepco is actually scouting already. That’s a hundred percent sure,” Energy Secretary Jericho Petilla said in a telephone interview, adding that part of the Korean firm’s investment prospects in the country involves the building of three new power plants.