STOCK TITAN

Worker death at KEPCO (NYSE: KEP) Indian plant prompts safety review

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Korea Electric Power Corporation reports a fatal industrial accident at its Indian subsidiary, KEPCO Plant Service & Engineering, during maintenance at the Bhavnagar Thermal Power Plant. One worker died after fly ash fell from the upper section of an ash hopper; no other injuries occurred.

The accident took place on 2026-03-17 and was reported to the Ministry of Employment and Labor on 2026-03-18. Authorities in India and KEPCO Plant Service & Engineering plan site inspections and measures to prevent recurrence. KEPCO also notes that applicability of the Korea Occupational Safety and Health Act to this Indian entity is unclear and that a corrective disclosure will be filed once clarified.

Positive

  • None.

Negative

  • None.

Insights

KEPCO faces localized safety incident with pending legal clarity.

The disclosure highlights a fatal industrial accident at an Indian thermal power plant serviced by KEPCO Plant Service & Engineering. While financial impacts are not quantified, such safety events can influence perceptions of operational risk and governance practices, especially for infrastructure operators.

KEPCO states that Indian authorities and the subsidiary will inspect the site and develop measures to prevent recurrence, indicating a remedial focus. The company also flags uncertainty over whether the Korea Occupational Safety and Health Act applies to this Indian entity, with a corrective disclosure promised once the legal position is confirmed.

Future updates in subsequent disclosures will clarify any regulatory obligations under Korean law and whether additional compliance measures or penalties arise. For now, the information mainly signals an operational safety issue at a foreign subsidiary with legal analysis still in progress.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the Month of March 2026

Commission File Number 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 
 


Occurrence of an Industrial Accident

(Disclosure of Korea Electric Power Corporation’s Subsidiary,

KEPCO Plant Service & Engineering Co.,Ltd.)

 

     
1.Details of the Serious Accident    Location of Occurrence    India Bhavnagar Thermal Power Plant
   Description of Accident    An accident occurred due to fly ash from the upper section during an internal inspection of an Ash Hopper within the plant
   Number of Fatalities    1
   Number of the Injuries    0
   
2. Date of Occurrence of the Industrial Accident    2026-03-17
   
3. Date of Report to the Ministry of Employment and Labor    2026-03-18
   
4. Measures Taken and Future Plans    A site inspection by relevant authorities in India and KEPCO Plant Service & Engineering Co.,Ltd. will establish measures to prevent recurrence.
   
5. Other important details to be considered for investment decisions    As the entity is an Indian subsidiary subject to Indian Law, the applicability of the Korea Occupational Safety and Health Act remains unclear. A corrective disclosure will be filed once confirmed.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

By:   /s/ Joo, Hwa-sik
  Name: Joo, Hwa-sik
  Title: Vice President

Date: March 20, 2026

FAQ

What incident did Korea Electric Power Corporation (KEP) report in this March 2026 filing?

Korea Electric Power Corporation reported a fatal industrial accident at the Bhavnagar Thermal Power Plant in India. Fly ash from an upper section fell during an internal inspection of an ash hopper, causing one death and no additional injuries at its subsidiary KEPCO Plant Service & Engineering.

Where and when did the KEPCO (KEP) industrial accident occur?

The accident occurred at the Bhavnagar Thermal Power Plant in India on 2026-03-17. It happened during internal inspection work inside an ash hopper when fly ash fell from the upper section, leading to one fatality and no reported injuries.

How many casualties resulted from the KEPCO (KEP) Bhavnagar plant accident?

The incident caused one fatality and no injuries. According to the disclosure, fly ash from the upper section of an ash hopper fell during internal inspection at the Bhavnagar Thermal Power Plant, affecting a single worker and sparing others from harm.

When did KEPCO (KEP) report the Indian accident to authorities?

The industrial accident was reported to the Ministry of Employment and Labor on 2026-03-18. This was one day after the 2026-03-17 incident at the Bhavnagar Thermal Power Plant, reflecting prompt notification of the serious workplace event to the relevant Korean authority.

What measures are planned after KEPCO’s (KEP) Bhavnagar accident?

A site inspection by relevant Indian authorities and KEPCO Plant Service & Engineering is planned. The goal is to establish measures to prevent recurrence, focusing on understanding how the fly ash incident occurred and implementing safety improvements at the Bhavnagar Thermal Power Plant.

How does KEPCO (KEP) describe the legal status of safety rules for this Indian subsidiary?

KEPCO states that, because the entity is an Indian subsidiary subject to Indian law, it is unclear whether the Korea Occupational Safety and Health Act applies. The company plans a corrective disclosure once this legal applicability question is confirmed by further review.
Korea Electric Power

NYSE:KEP

View KEP Stock Overview

KEP Rankings

KEP Latest News

KEP Latest SEC Filings

KEP Stock Data

20.53B
1.28B
Utilities - Regulated Electric
Utilities
Link
South Korea
Naju-si