# EDGAR Filing Document

**Accession Number:** 0000887225
**File Stem:** 0001193125-25-163845
**Filing Date:** 2025-7
**Character Count:** 9419
**Document Hash:** 47665d73ab162163231e1ed5d59ee1d3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-163845.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001193125-25-163845

**CONFORMED SUBMISSION TYPE**: 6-K/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250724

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KOREA ELECTRIC POWER CORP
- **CENTRAL INDEX KEY:** 0000887225
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 133442428
- **STATE OF INCORPORATION:** M5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13372
- **FILM NUMBER:** 251144573

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 55 JEOLLYEOK-RO
- **CITY:** NAJU-SI
- **PROVINCE COUNTRY:** M5
- **ZIP:** 58322
- **BUSINESS PHONE:** 201 482 8182

**MAIL ADDRESS:**
- **STREET 1:** 400 KELBY STREET
- **STREET 2:** 7TH FLOOR
- **CITY:** FORT LEE
- **STATE:** NJ
- **ZIP:** 07024

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 6-K/A** 

**REPORT OF FOREIGN PRIVATE ISSUER** 

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

**under the Securities Exchange Act of 1934** 

**For the Month of July 2025** 

**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 ☐

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**Amendment Regarding Decision to Guarantee the Payment Obligation of a Third Party** 

This Form 6-K/A is an amendment to the Form 6-K of Korea Electric Power Corporation ("KEPCO") dated November 20, 2024, as supplemented and amended by the Form 6-K/A amendments dated November 21, 2024, November 29, 2024 and March 21, 2025 (collectively, and as supplemented and amended, the "Original 6-K"). The information in the attachment to the Original 6-K relating to **2. Creditor, 4. Details of the Debt Guarantee, 5. Total Balance of KEPCO's Financial Guarantees and 7. Remarks** shall be amended and replaced with the following.

**1.** **Debtor:** Remal Energy Company

Naseem Energy Company

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Relationship to Korea Electric Power Company ("KEPCO"): Affiliates

**2.** **Creditor:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Procurer: Saudi Power Procurement Company("SPPC")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lenders: The Development Bank of Singapore, Standard Chartered Bank, etc.

**3.** **Debt Amount:** -

**4.** **Details of the Debt Guarantee** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Amount of the Debt Guarantee: KRW 1,196,151,649,214

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Total Equity of KEPCO: KRW 41,362,833,061,743

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Debt Guarantee to Total Equity Ratio: 2.9%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Term of the Debt Guarantee: November 28, 2024 to Mar 20, 2032

**5.** **Total Balance of KEPCO ' s Financial Guarantees:** KRW 2,531,253,064,718

**6.** **Resolution of Board of Directors** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Date: November 20, 2024

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Attendance of Outside Directors: 8 out of 8 outside directors

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Attendance of the Standing Member of the Audit Committee: Attended

**7.** **Remarks** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The guarantee of the payment obligation will be by the parent company for the implementation of Saudi Rumah and
Nairyah Gas Combined Cycle Power Plant Projects and for procuring borrowings and capital.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The lenders in above **2. Creditor** are subject to change in connection with the guarantee agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The KRW amounts set forth above in **3. Debt Amount** are effective as of November 20, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. The KRW amounts set forth above in **4. Details of the Debt Guarantee** are the total of the debt guarantee
amounts for the two project corporations (Remal Energy Company and Naseem Energy Company).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. The KRW amounts set forth above in **4. Details of the Debt Guarantee** have been translated from USD
859,304,345.70 at the first basic exchange rate announced by Hana bank as of November 20, 2024 (1 USD to 1,392.00 KRW)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. The above **4. b. Total Equity of KEPCO** and **4. c. Debt Guarantee to Total Equity Ratio** is based on
the consolidated financial statements as of Dec 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The above **4. d. Term of the Debt Guarantee** begins on the date of the power purchase agreement execution
and ends upon the conclusion of the project companies' power plant operation period. The terms of the debt guarantee vary depending on each guarantee and we will file the amended Form 6-K once the terms
of the debt guarantee is confirmed as the debt guarantee agreement is concluded.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;∎ KEPCO has executed the debt guarantee agreements as approved by the Board of Directors on Nov 20, 2024. In some
agreements, the debt guarantee amount has decreased below the level previously approved by the Board. As of now, total debt guarantee amount stands at [KRW 1,196,151,649,214 (USD 859,304,345.70)] for each debtor (Remal Energy Company and Naseem
Energy Company) as outlined below.

● Debtor : Remal Energy Company

Amount of the Debt Guarantee : USD 16,000,000 <br>

- Details of the Debt Guarantee : Payment guarantee for implementation of the power purchase agreement

- Term of the Debt Guarantee : November 28, 2024 to August 14, 2028

- Creditor : Procurer (SPPC)

● Debtor : Naseem Energy Company

Amount of the Debt Guarantee : USD 16,000,000 <br>

- Details of the Debt Guarantee : Payment guarantee for implementation of the power purchase agreement

- Term of the Debt Guarantee : November 28, 2024 to August 14, 2028

- Creditor : Procurer (SPPC)

● Debtor : Remal Energy Company

Amount of the Debt Guarantee : USD 120,000,000 <br>

- Details of the Debt Guarantee : Payment guarantee for the principal and interest of the Equity Bridge Loan

Term of the Debt Guarantee : March 21, 2025 to March 20, 2032 (the Loan guarantee is stipulated to be in effect for seven years from the initial drawdown of the Loan, the end of date of the Loan Guarantee may be adjusted depending on the date of the initial drawdown of the loan and the date of full repayment of the Loan) <br>

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- Creditor : Lender(The Development Bank of Singapore)

● Debtor : Naseem Energy Company

Amount of the Debt Guarantee : USD 120,000,000 <br>

- Details of the Debt Guarantee : Payment guarantee for the principal and interest of the Equity Bridge Loan

Term of the Debt Guarantee : March 21, 2025 to March 20, 2032 (the Loan guarantee is stipulated to be in effect for seven years from the initial drawdown of the Loan, the end of date of the Loan Guarantee may be adjusted depending on the date of the initial drawdown of the loan and the date of full repayment of the Loan) <br>

- Creditor : Lender(The Development Bank of Singapore)

● Debtor : Remal Energy Company

Amount of the Debt Guarantee : USD 108,026,303.10 <br>

- Details of the Debt Guarantee : Payment guarantee for the capital contribution

- Term of the Debt Guarantee : July 23, 2025 to May 31, 2029

- Creditor : Lender(Standard Chartered Bank, etc.)

● Debtor : Naseem Energy Company

Amount of the Debt Guarantee : USD 109,278,042.60 <br>

- Details of the Debt Guarantee : Payment guarantee for the capital contribution

- Term of the Debt Guarantee : July 23, 2025 to May 31, 2029

- Creditor : Lender(Standard Chartered Bank, etc.)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The KRW amounts set forth above in **5. Total Balance of KEPCO ' s Financial Guarantees** include **4. a. Amount of the Debt Guarantee** as of Mar 31, 2025 and the amount for performance guarantees issued through the Letters of Credit (L/C) based on the first basic exchange rate announced by Hana bank as of
November 20, 2024 (1 USD to 1,392.00 KRW).

**Outstanding Balance of KEPCO's Financial Guarantees by Debtors** 

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| | | |
|:---|:---|:---|
| **Debtor** | **Balance of debt guarantee** | **Note** |
|  Remal Energy Company | KRW 597,204,613,915 | USD 429,026,303.10<br> (1 USD to 1,392.00 KRW)  |
|  Naseem Energy Company | KRW 598,947,035,299 | USD 430,278,042.60<br> (1 USD to 1,392.00 KRW)  |

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**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.

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

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Date: July 24, 2025