Korea Electric Power Corporation
Korea Electric Power Corporation (KEPCO) was founded with the objective to facilitate the development of electric power supply in Korea, meet the country’s power supply and demands needs, and contribute to the national economy in accordance with the Korea Electric Power Corporation Act. KEPCO is classified as a market-oriented public corporation under the Act on the Management of Public Institutions.
KEPCO’s areas of business are based on the aforementioned objectives and include the development of electric power resources, electric power generation, transmission, transformation, and distribution, as well as related marketing, research, technological development, overseas business, investment, corporate social responsibility and use of its property.
KEPCO headquarters is composed of 8 divisions including the Planning and Coordination Division, as well as 33 departments. There are 9 development project offices in the Project Development Division; 14 district divisions, 177 branches and 44 transfer substations under the Marketing and Operation Division; the UAE Nuclear Power Plant Site under the Nuclear Project Division; 7 overseas offices under the Overseas Business Division; and 8 special business offices including the KEPCO Economic Management Research Institute, all of which combined total 260 business offices.
CEO of Korea Electric Power Corporation
Mr. Seung-Il Cheong
Korea Electric Power Corporation (KEPCO) was founded under the Korea Electric Power Corporation Act to facilitate development of electric power sources, satisfy the nation’s electric power supply and demand and contribute to the development of national economy.
The Act on the Management of Public Institutions classifies KEPCO as a market-oriented public corporation.
KEPCO engages in businesses to achieve the aforementioned objectives, which include: development of electric power resources; generation, transmission, transformation and distribution of electric power; and marketing, research, technological development, overseas business, investment, corporate social responsibility and use of its property with regard to electric power.
KEPCO’s New Vision for Opening the New World for Hope
Over the last 120 years, KEPCO served as the reliable supplier of top-quality electric power, creating the ‘history of light’. Now, KEPCO continues its legacy, building a brighter future with Green & Smart R&D and expanding to global markets.
In the new era of the electricity business, KEPCO is on the verge of leaping forward once again as the “Smart Energy Creator”. Beyond our proud history of 116 years, KEPCO will establish a new vision as an innovative value creator for the global energy industry and grow into a globally-renowned energy company to contribute to people and society and write a new chapter in history.
On the back of its world-class capabilities and extensive experience, KEPCO is aggressively working to expand its presence in overseas markets including the Middle East, Southeast Asia, and the Americas, to secure future growth amid a saturated domestic market.