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Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments. It generates power from nuclear, coal, oil, liquefied natural gas, internal combustion, combined-cycle, integrated gasification combined cycle, hydro, wind, solar, fuel cell, biogas, and other sources. As of December 31, 2021, the company had a total of 763 generation units, including nuclear, thermal, hydroelectric, and internal combustion units with an installed generation capacity of 82,459 megawatts. Its transmission system consisted of 34,923 circuit kilometers of lines of 765 kilovolts and others, including high-voltage direct current lines, as well as 892 substations with an installed transformer capacity of 344,286 megavolt-amperes; and distribution system included 132,376 megavolt-amperes of transformer capacity and 9,940,440 units of support with a total line length of 532,348 circuit kilometers. The company provides electricity to residential, commercial, educational, industrial, agricultural, street lighting, and overnight power usage. It also offers utility plant maintenance, resources development, electric power information technology, facility maintenance and service, electric meter reading, security, information, and communication line leasing services, as well as sells nuclear fuel. Korea Electric Power Corporation was founded in 1961 and is headquartered in Naju-si, South Korea.
KEPCO traces its origins to Hanseong Jeongi Hoesa , founded in 1898 during the Joseon Dynasty. The announcement of the Ch?sen Electricity Control Decree by the Colonial Korean government in March 1943 saw the integration of several electric companies into the Korea Electric Power Company. The Korea Electric Company , established through the integration of the Korea Electric Power Company and two distribution companies, Gyeongsung Electric Company and South Korea Electric Company, opened on 1 July 1961. In 1982, KECO became a wholly government owned entity and was renamed the Korea Electric Power Corporation .KEPCO was listed on the Korea Stock Exchange on 10 August 1989 and later in 1994 on the New York Stock Exchange. In 1996, KEPCO was named the prime contractor for the multinational Korean Peninsula Energy Development Organization project to construct a light water reactor nuclear power plant in North Korea, a project which was eventually abandoned in 2006. Following a push by the Korean government to restructure Korea's power industry which began in the mid-1990s, the Act on the Promotion of Restructuring the Electric Power Industry was proclaimed on 23 December 2000, after which the electricity generation business was split up into Korea Hydro & Nuclear Power, a subsidiary responsible for nuclear & hydro power generation, and five thermal power generation companies: Korea South-East Power, Korea Midland Power, Korea Western Power, Korea Southern Power, and Korea East-West Power.
In October 2012, Korea Deposit Insurance Corporation sold its 3.6% of its stake in KEPCO for a fee of around $550 million.
We will strive to become a company that always communicates with the people and is loved by supplying the high quality electricity of good quality with the vision of Korea of ??energy power.
KEPCO’s vision is to become an innovative and reliable energy company in the region through effective and efficient growth.
https://en.wikipedia.org/wiki/Korea_Electric_Power_Corporation
https://in.investing.com/equities/korea-electric-power-corp
https://finance.yahoo.com/quote/KEP/profile?p=KEP
https://www.comparably.com/companies/kepco/mission
https://www.crunchbase.com/organization/korea-electric-power-corporation
https://sec.report/CIK/0000887225
