Contingencies and Commitments (Tables)

12 Months Ended

Dec. 31, 2024

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, 2023 and 2024 are as follows:


	2023				2024
	Number of cases		Claim amount		Number of cases		Claim amount
	In millions of won
As the defendant		666	￦	805,227		722	￦	884,402
As the plaintiff		268		571,593		264		769,772

Summary of Credit Lines Provided By Financial Institutions

(3)	Credit lines provided by financial institutions and others as of December 31, 2024 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		1,720,500		119,643
Limit amount available for CP	Hana Bank and others	KRW		7,550,000		7,550,000
General Loan, etc.	Kookmin Bank and others	KRW		3,930,000		3,900,000
Limit amount available for card	Hana Bank and others	KRW		47,524		4,006
Loan limit	Korea Development Bank and others	KRW		3,248,025		1,837,454
	DBS Bank and others	USD		1,086,000		—
Certification of payment on payables from foreign country	Nonghyup Bank	USD		8,700		4,020
Certification of payment on L/C	Shinhan Bank and others	USD		1,235,937		183,357
	Kookmin Bank and others	EUR		32,035		13,424
	Shinhan Bank	JPY		715,837		—
Certification of Performance guarantee on contract	Hana Bank and others	KRW		160,815		150,648
	First Abu Dhabi Bank and others	USD		1,008,252		950,774
	Korea Development Bank and others	JPY		620,000		620,000
	Hana Bank	EUR		12,106		12,106
	Hana Bank	INR		67,944		67,944
	Hana Bank	OMR		6,250		6,250
	First Abu Dhabi Bank and others	AED		52,500		52,500
	Saudi National Bank and others	SAR		124,151		123,829

(3)	Credit lines provided by financial institutions and others as of December 31, 2024 are as follows, continued:

Commitments

Financial institutions

Currency

Credit
limit

Used amount

In millions of won and thousands of foreign currencies

Certification of bidding

Korea Software

Financial Cooperative

KRW

43,809

Hana Bank and others

USD

10,200

5,000

Export-Import Bank of Korea

EUR

10,000

Shinhan Bank

QAR

155,213

Advance payment bond, Warranty bond, Retention bond and others

Seoul Guarantee Insurance

KRW

83,161

Hana Bank and others

USD

702,487

664,191

Saudi National Bank

SAR

32,500

Hana Bank and others

MXN

21,290

Others (*)

Nonghyup Bank and others

KRW

314,892

56,858

Nonghyup Bank and others

USD

448,635

USD 228,813

EUR 51,784

StandardChartered

AED

Kookmin Bank

EUR

7,031

Secured loan of credit sales

Nonghyup Bank and others

KRW

270,000

—

Inclusive credit

Hana Bank

KRW

8,000

3,735

Hana Bank and others

USD

35,000

USD 9,362

INR 332,690

AED 319

Equity Bridge Loan Guarantee

Export-Import Bank of Korea and others

USD

1,764,555

1,376,262

Trade finance

DBS Bank and others

USD

850,000

—

(*)	As of December 31, 2024, 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, 2024, 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(*1)

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

230,716

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)

(4)	As of December 31, 2024, blank check and assets provided as collaterals or pledges to financial institutions by the Company are follows, continued:

Obligor

Creditor

Assets provided as security

Currency

Amount

Description

In millions of won and thousands of foreign currencies

Korea Offshore Wind Power Co., Ltd.

Woori Bank and others

Property, plant and

equipment and others

KRW

159,000

Collateral for borrowings(*1,2)

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(*1)

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

11,932

Collateral for borrowings(*2)

Western Power Changgi Solar Co., Ltd.

Samsung Life Insurance and others

Property, plant and

equipment and others

KRW

54,000

Collateral for borrowings(*2)

Yeongdeok Sunrise Wind Power Co., Ltd.

Korea Development Bank and others

Property, plant and

equipment and others

KRW

96,240

Collateral for borrowings(*2)

J Wind First, LLC

Woori Bank

Trade receivable and

others

KRW

55,000

Collateral for borrowings(*1,2)

Chitose Solar Power Plant LLC

Korea Development Bank

Property, plant and

equipment and others

USD

137,656

Collateral for borrowings(*1,2)

Mangilao Intermediate Holdings LLC

Mizuho Bank

Trade receivable and

others

USD

86,132

Collateral for borrowings(*2)

(*1)	This is based on the amount of loan commitment limit.

(*2)	As of December 31, 2024, the Company has established guarantees for pledge for transfer of rights of long-term borrowings, pledge for insurance claims, pledge for shares, etc.