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October 29,2025

KEPCO Wins $839 Million for 1.5 GW Dawadmi Wind Power Project in Saudi Arabia

Korea Electric Power Corporation (KEPCO) has secured an $839 million contract to lead the 1,500 MW Dawadmi wind project in Saudi Arabia, advancing Vision 2030’s renewable goals. The KEPCO-led consortium, including Etihad Water and Nesma, offered a record-low electricity cost of 1.33803 cents per kWh.

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