KEPCO signs $37.8 million project in Dominican Republic

South Korea-based power utility Korea Electric Power Corporation (KEPCO) has received a $37.8 million project to replace and develop new power distribution facilities in the Dominican Republic. Under the agreement, KEPCO will upgrade power management systems including 8,969 units of power poles, a 3,042 km long electric wire, 1,570 units of transformers and 68,890 units of electricity meters in the eastern and southern areas of the country over the next two years. The project is expected to result in equipment exports worth $3.2 million from Korea.