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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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Shift from coal fueling $809 million Doosan bailout plan by Korean banks

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Hankyoreh: The Korea Development Bank (KDB), the Export-Import Bank of Korea (Eximbank), and other government-run banks plan to supply 1 trillion won (US$808.66 million) in policy funds to Doosan Heavy Industries & Construction, which is struggling with a liquidity crisis. But the business prospects remain bleak. How did Doosan Heavy arrive at this point when […]

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