the Korea Electric Power Corporation, is a government-invested, integrated electric utility company in Korea. KEPCO is the only company engaged in power transmission and distribution in Korea. In addition, KEPCO generates approximately 94% of total electricity produced in Korea through its wholly-owned six generation subsidiaries ("GENCOs"). KEPCO spun off its generation sector and established six GENCOs in 2001 in accordance with the government's restructuring plan in the power industry.
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