Korea Electric Power (KEPCO) is a economic development agency based in Seoul, South Korea. Established in 1898, the firm is engaged in generation, transmission and distribution of electricity and development of electric power resources in the Republic of Korea. Its operations are subject to various laws and regulations relating to environmental protection and safety. The assets of the firm are managed by the board of directors.Korea Electric Power's investment portfolio is valued at over $169.8 billion, with investments in private equity.