The government is planning to sell off eight of its state-run energy companies by 2020

The government is planning to sell off eight of its state-run energy companies by 2020. . “To avoid the backlash over privatization of key public services, Korea South-East Power and Korea East-West Power will limit the number of their publicly traded shares to 30 percent. Half of those shares will be newly issued by the two subsidiaries and the rest in existing shares held by KEPCO, a structure to allow the three companies to benefit from the IPOs.”