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Contingencies and Commitments (Tables)
12 Months Ended
Dec. 31, 2023
Contingencies and Commitments [Abstract]  
Summary of Ongoing Litigations Related With Contingent Liabilities And Contingent Assets
(1)
Ongoing litigations and claims related with contingent liabilities and contingent assets as of December 31, 2022 and 2023 are as follows:
 
    
2022
    
2023
 
    
Number
of cases
    
Claim
amount
    
Number
of cases
    
Claim
amount
 
    
In millions of won
 
As the defendant
     653      981,878        666      805,227  
As the plaintiff
     238        599,809        268        571,593  
Summary of Credit Lines Provided By Financial Institutions
(3)
Lines of credit provided by financial institutions as of December 31, 2023 are as follows:
 
Commitments
  
Financial institutions
  
Currency
 
Credit

limit
    
Used amount
 
                        
    
In millions of won and thousands of foreign currencies
 
Commitments on Bank-overdraft
   Nonghyup Bank and others    KRW     2,260,500        3,096  
Limit amount available for CP
   Hana Bank and others    KRW     5,650,000        5,650,000  
General Loan, etc.
   Hana Bank and others    KRW     4,400,000        4,350,000  
Limit amount available for card
   Hana Bank and others    KRW     47,424        1,919  
Loan limit
   Korea Development Bank and others    KRW     2,708,395        1,969,529  
  
DBS Bank and others
  
USD
 
 
1,782,000
 
  
 
USD 40,000
 
             KRW 200,000  
Certification of payment on payables from foreign country Certification of payment on L/C
  
Nonghyup Bank
  
USD
 
 
8,700
 
  
 
5,270
 
  
Shinhan Bank and others
   USD     1,160,452        178,558  
   Kookmin Bank and others    EUR     42,688        42,688  
   Shinhan Bank    JPY     481,785        481,785  
Certification of Performance guarantee on contract
   Hana Bank and others    KRW     145,855        125,289  
   First Abu Dhabi Bank and others    USD     921,138        788,313  
   Korea Development Bank and others    JPY     620,000        620,000  
   Hana Bank    EUR     12,106        12,106  
   Hana Bank    INR     44,872        44,872  
   Hana Bank    OMR     6,250        6,250  
   Hana Bank    SAR     4,151        4,151  
Certification of bidding
   Hana Bank    USD     5,200        —   
   Export-Import Bank of Korea    EUR     10,000        10,000  
Advance payment bond, Warranty bond, Retention bond and others
  
Seoul Guarantee Insurance
Hana Bank and others
  
KRW
USD
   
57,670
813,839
 
 
    
57,670
763,596
 
 
   Saudi National Bank    SAR     21,000        21,000  
   Hana Bank and others    MXN     21,597        20,027  
Others (*)
   Nonghyup Bank and others    KRW     337,126        KRW 19,943  
             USD 20,832  
             EUR 282  
   Nonghyup Bank and others    USD     316,327        USD 60,073  
             EUR 48,825  
   StandardChartered    AED     50        50  
Secured loan of credit sales
   Nonghyup Bank and others    KRW     271,000        —   
Inclusive credit
   Hana Bank    KRW     8,000        4,920  
   Hana Bank and others    USD     135,000        USD 15,141  
          
 
INR 345,206
 
Equity Bridge Loan Guarantee
  
Export-Import Bank of Korea
and others
   USD     1,764,555        1,372,546  
Trade finance
   DBS Bank and others    USD     870,000        —   
 
  (*)
As of December 31, 2023, the Company has entered into a credit extension agreement for derivatives transactions with Nonghyup Bank, Hana Bank, and Woori Bank as ancillary to currency swap transactions.
Summary of Blank Check And Assets Provided As Collaterals Or Pledges To Financial Institutions By The Company Explanatory
(4)
As of December 31, 2023, blank check and assets provided as collaterals or pledges to financial institutions by the Company are follows:
 
Obligor
  
Creditor
  
Assets provided as security
  
Currency
 
Amount
    
Description
                           
    
In millions of won and thousands of foreign currencies
Mira Power Limited
  
International Finance
Corporation and others
  
Property, plant and
equipment and others
   USD     264,800      Collateral for borrowings(*1)
Tamra Offshore Wind Power Co., Ltd.
  
Kyobo Life Insurance Co., Ltd. and others
  
Property, plant and
equipment and others
  
KRW
 
 
171,600
 
  
Collateral for borrowings(*2)
Gyeonggi Green Energy Co., Ltd.
  
Korea Development Bank and others
  
Cash and cash
equivalents and others
  
KRW
 
 
327,080
 
  
Collateral for borrowings(*2)
Commerce and Industry Energy Co., Ltd.
  
IBK and others
  
Property, plant and
equipment and others
  
KRW
 
 
110,500
 
  
Collateral for borrowings(*2)
Jeongam Wind Power Co., Ltd.
   KDB Capital Corporation and others   
Cash and cash
equivalents and others
   KRW     230,259      Collateral for borrowings(*2)
Gyeongju Wind Power Co., Ltd.
  
Shinhan Bank and others
  
Property, plant and
equipment and others
  
KRW
 
 
68,400
 
  
Collateral for borrowings(*2)
Korea Offshore Wind Power Co., Ltd.
  
Woori Bank and others
  
Property, plant and
equipment and others
  
KRW
 
 
293,400
 
  
Collateral for borrowings(*2)
Qatrana Electric Power Company
  
The Islamic Development Bank and others
  
Finance lease receivable
and property, plant and
equipment and others
  
JOD
 
 
136,623
 
  
Collateral for borrowings(*1)
KST Electric Power Company, S.A.P.I. de C.V.
  
Export-Import Bank of Korea and others
  
Finance lease receivable and property, plant and equipment and others
  
USD
 
 
401,277
 
  
Collateral for debt securities(*1)
Incheon Fuel Cell Co., Ltd.
   Kookmin Bank and others    Cash and cash equivalents and others    KRW     276,960      Collateral for borrowings(*2)
K-SOLAR SHINAN Co., Ltd.
  
Kyobo Life Insurance Co., Ltd. and others
  
Property, plant and
equipment and others
  
KRW
 
 
329,736
 
 
 
Collateral for borrowings(*2)
KOSPO Youngnam
Power Co., Ltd.
  
 
Shinhan Bank and others
  
 
Cash and cash
equivalents and others
  
 
KRW
 
 
 
 
744,120
 
 
  
 
Collateral for borrowings(*2)
Jeju Hanlim Offshore Wind Co., Ltd.
     Kookmin Bank and others   
 
Property, plant and
equipment and others
  
 
KRW
 
 
 
 
1,800
 
 
  
 
Collateral for borrowings(*2)
Western Power Changgi Solar Co., Ltd.
  
 
Samsung Life Insurance and others
  
 
Property, plant and
equipment and others
  
 
KRW
 
 
 
 
58,500
 
 
  
 
Collateral for borrowings(*2)
J Wind First, LLC
   Woori Bank   
Trade receivable and
others
   KRW     55,000      Collateral for borrowings (*2)
Chitose Solar Power Plant LLC
  
Korea Development
Bank
  
Property, plant and
equipment and others
   USD     134,289      Collateral for borrowings(*1)
Mangilao Intermediate Holdings LLC
  
 
Mizuho Bank
  
 
Trade receivable and
others
  
 
USD
 
 
 
 
93,392
 
 
  
 
Collateral for borrowings(*1)
 
 
(4)
As of December 31, 2023, blank check and assets provided as collaterals or pledges to financial institutions by the Company are follows, continued:
 
(*1)
This is based on the amount of loan commitment limit.
 
(*2)
As of December 31, 2023, the Company has established guarantees for pledge for transfer of rights of long-term borrowings, pledge for insurance claims, pledge for shares, etc.