[Photo by Yonhap] The South Korean government is reviewing whether to carry out an additional hike in electricity rate as the entire debt of the state-run utility firm, Korea Electric Power Corp. (KEPCO) has surpassed 200 trillion won ($150 billion).'We may need to prudently consider an adjustment in electricity fares if possible,' Prime Minister Han Duck-soo told lawmakers at an interpellation session at the National Assembly last week.The government, however, has not yet launched discussions on a rate hike in the near future, with some calling on KEPCO to engage in self-efforts to improve its finances.

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