Global Energy to Brighten the Future

Overseas Business

We are expanding a global power network to support sustainable
development, expanding new businesses, enhance competitiveness,
drive the transition to a low-carbon future.

Current Status of Overseas Business

Total power generation capacity
28,655 MW
Based on equity ownership
9,271 MW
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Europe & Africa Office
Middle East Office
China Office
Southeast Asia Office
Japan Office
North America Office

Direction of
Overseas Projects

Promoting renewable energy expansion and greenhouse gas reduction, striving to become a global energy platform leader.

Goals and Tasks of Overseas Projects

Slogan
Lead the effort for carbon neutrality! Take a leap forward as a world-class energy platform company!
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Strategic Direction & Tasks

Cessation of Overseas Coal-Fired Power Generation Projects

Asset Rationalization

Asset Rationalization for Coal-Fired Power Generation Projects

step 1

Coal exit and cessationof new gas-fired CCPP projects by 2030

  • Make the coal-fired power plants in operation or construction available for sale and complete the sales before the target date.

  • Apply new technologt (e.g., ammonia-hydrogen blends, CCUS, etc.) in case of a delay in sales.

  • Cease the development of conventional power plants, such as gas CCPP, after 2030, considering the business period.

step 2

Replacement of fossil fuel to 100% green energy by 2050

  • Cease the operation of fossil fuel power plants (coal, LNG, etc.) and pursue zero-carbon green power generation.

Capacity of Coal-Fired Power

Now
4,370MW coal-fired power
100%
2030
OMW coal-fired power

GHG Emissions

2030
9.2 Million ton/year
2035
8.1 Million ton/year

Roadmap toward Carbon Neutrality

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2020 2025 2030 2035 2050 Net Zero
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Thermal

2020
  • Development of coal-powered plants is suspended (Oct. 2020)
  • Development of gas-powered plant with high energy efficiency technologies
2025
  • Development of coal-powered plants is suspended (Oct. 2020)
2030
  • Full-scale exploration of carbon-free energy sources (ammonia-firing or ammonia & coal co-firing)
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Renewable

2023
  • Exploration of utility-scale offshore wind power and expansion of PV
2030
  • Exportation of offshore wind power business model
  • Conduct business related to green H2 as well as supply H2 generated by renewable
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Grid

2020
  • Expansion of high-quality T&D business, such as HVDC, FACTS, etc.
2025
  • Expansion of T&D business focusing on consulting and EPC
  • To focus on investing in grid
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New Energy Business

MG1) MDMS2) ESS3)

Demonstration in the overseas business_overview_roadmap_arrow

Scale-up & market expansion

CCUS4)

Demonstration in the overseas business_overview_roadmap_arrow

Scale-up & commercialization business_overview_roadmap_arrow

Create sysnergy by linking to thermal generation, H2, etc.

H2 Production

Secure core technology business_overview_roadmap_arrow

Demonstration business_overview_roadmap_arrow

Supply to the generation in Korea

CDM 5)

Expension of demonstration projects (cook stove, drinking water facilities, forestation, etc.) business_overview_roadmap_arrow

Diversification of business models

Power Generation Business

We are building a global power network through world-class power plant project capabilities.

Thermal Power Business

01 Thermal Power Business

Starting with Mexico's Norte II (433 MW), we have been carrying out large-scale power plant projects in Vietnam, Indonesia, and Malaysia, generating stable profits. We are also playing a leading role in global business by supporting the overseas expansion of domestic companies in construction, equipment supply, and financing.

Nuclear Power Business

02 Nuclear Power Business

The APR1400 is Korea's flagship nuclear reactor model for export, certified by EUR (2017) and the U.S. NRC (2019). Units 1 to 3 exported to the UAE began commercial operations in April 2021, March 2022, and February 2023 respectively, and have been stably supplying clean power 24/7. The 4th unit began commercial operation in September 2024.

Renewable Energy Business

03 Renewable Energy Business

Since the wind power project in China in 2005, we now operate 1,017 MW. Expanding to the Middle East in 2013, we developed the 100%-owned Fujeij Wind Power Project, which began commercial operation in 2019. We also entered the U.S. and Japanese markets with solar plants in Chitose, Japan (28 MW); Mangilao, Guam (60 MW); and California, USA (235 MW). In 2019, we secured a 294 MW solar project in Mexico, expanding into Latin America and reinforcing our position as a clean energy provider.

Grid Business

Connecting the world with transmission and distribution technology, we are leading the future of global power infrastructure.

Overseas Power Grid Consulting / EPC Projects

01 Overseas Power Grid Consulting / EPC Projects

By leveraging advanced technology and local networks, we've entered countries such as Myanmar, Bangladesh, Ethiopia, Botswana, and Tajikistan through consulting projects. Building on these capabilities, we expanded into EPC (Engineering, Procurement, and Construction), executing projects in Kazakhstan, Bhutan, and the Dominican Republic.

Diversification of Overseas Transmission and Distribution Projects

02 Diversification of Overseas Transmission and Distribution Projects

Starting with T&D consulting in Myanmar and the Philippines, we expanded to EPC projects in Kazakhstan, the Dominican Republic, and India. We're also pursuing new projects in Sri Lanka, the Philippines, Guam, and Uzbekistan. By leveraging our technologies and networks, we aim to expand follow-up projects in stages, create high-value services, and develop partnerships with domestic companies to enter global markets together.

UAE HVDC Submarine Transmission Project

03 UAE HVDC Submarine Transmission Project

The UAE HVDC Submarine Transmission Project—our first overseas investment and operation in power grids—is a milestone. It showcases 30 years of Korean HVDC technology excellence and ensures long-term stable revenue. Building on this, we will pursue further power grid investments and operation projects to secure new growth engines.

New Energy Businesses

Expanding into the global market with renewable energy and innovative technologies, we are leading the future of the new energy businesses.

Overseas New Energy Market Expansion

01 Overseas New Energy Market Expansion

We are expanding our overseas new energy business based on renewable energy and new technologies. Key projects include the establishment of microgrids (MG) in Honduras and Mozambique, the establishment of intelligent power metering infrastructure (AMI) in Indonesia, and the promotion of exports of proprietary new technologies overseas. Through these initiatives, we are leading the global energy market.

Climate Change Response and Future Strategy

02 Climate Change Response and Future Strategy

We secured 53,000 tons of carbon credits in 2023 through the Myanmar cookstoves CDM (Clean Development Mechanism) project, and we plan to continuously secure carbon credits through the Bangladesh drinking water facility CDM project. Moving forward, we aim to diversify our overseas business by integrating related sectors and developing high-profit customized business models, positioning ourselves as a global leader in the new energy business.

Thermal Power

14 Projects in 10 Countries

18,977MW
Operating Capacity
14,062MW
Under Construction
4,915MW

Key Project Contracts

2024

Saudi Arabia Saudi Arabia

Awarded Rumaila/Nairiyah Combined Cycle Project (3,780 MW)

2022

Saudi Arabia< Saudi Arabia

Awarded Jafurah CHP Project (317 MW)

2020

Vietnam Vietnam

Awarded Vung Ang 2 Coal-fired Power Project (1,200 MW)

2019

United States United States

Awarded Ukudu (Guam) Combined Cycle Power Plant (198 MW)

Indonesia Indonesia

Awarded Java 9 & 10 Coal-fired Power Project (2,000 MW)

2017

Malaysia Malaysia

Awarded Pulau Indah Combined Cycle Power Plant (1,200 MW)

2013

Nigeria Nigeria

Acquired equity and O&M rights for Egbin Power Plant (1,320 MW)

Vietnam Vietnam

Awarded Nghi Son II Coal-fired Power Project (1,200 MW)

2011

Jordan Jordan

Awarded Amman Diesel Thermal Power Plant (573 MW)

2010

UAE UAE

Awarded Shuweihat S3 Combined Cycle Power Plant (1,600 MW)

Mexico Mexico

Awarded Norte II Combined Cycle Power Plant (433 MW)

2009

Saudi Arabia Saudi Arabia

Awarded Rabigh Heavy Fuel Power Plant (1,204 MW)

2008

Philippines Philippines

Awarded Cebu Coal-fired Power Plant (200 MW)

Mexico Mexico

Awarded Al Qatrana Combined Cycle Power Plant (373 MW)

2007

China China

Gemeng International (Shanxi) Joint Venture Project

2004

Philippines Philippines

SPC Joint Venture Project (350 MW)

1996

Philippines Philippines

Ilijan Power Plant Construction & Operation Project (612 MW)

1995

Philippines Philippines

Malaya Power Plant Performance Restoration Project (650 MW)

Nuclear Power

1 Project in the UAE

5,600MW
Completed
5,600MW

Overview of the UAE Nuclear Power Plant Project

Contract Date
December 17, 2009
Commissioned by
ENEC (Emirates Nuclear Energy Corporation)
Main Contractor
Korea Electric Power Corporation (KEPCO)
Scope of Supply
Construction of four Korean-standard nuclear reactors (APR1400, total capacity 5,600 MW) + Nuclear fuel (initial core + 2 cycles) + Operation support, etc.
Project Company
BOC (ENEC 82%; KEPCO 18%)
Operating Company
NEC (ENEC 82%; KEPCO 18%)
Location
270 km west of Abu Dhabi

Key Construction Milestones of the UAE Nuclear Power Plant

2023

Unit 3 began commercial operation

2022

Unit 2 began commercial operation

Operating license for Unit 3 obtained

Fuel loading for Unit 3 completed

2021

Unit 1 began commercial operation

Fuel loading for Unit 2 completed

2020

Fuel loading for Unit 1 completed

2019

Unit 2 completed Cold Ready for Fuel Load (CRFL)

High-temperature functional testing began for Unit 3

2018

Initial energization completed for Units 3 and 4

High-temperature functional testing began for Unit 2

2017

Construction works for Unit 1 completed

Initial fuel loaded into Unit 1

Cold hydrostatic testing started for Unit 2

Reactor installation completed for Unit 4

2016

Cold hydrostatic testing started for Unit 1

High-temperature functional testing started for Unit 1

First concrete pouring for Unit 4

2015

Initial energization completed for Unit 1

Reactor installation completed for Unit 2

First concrete pouring for Unit 4

2013-2014

First concrete pouring for Unit 2

Reactor installation completed for Unit 1

First concrete pouring for Unit 3

2009-2012

Project initiated

Excavation work began

First concrete pouring for Unit 1

Renewable Energy

7 Projects in 6 Countries

4,078MW
In Operation
2,428MW
Under Construction
1,650MW

Major Project Awards

2024

Saudi Arabia Saudi Arabia

Awarded the Sadawi Solar Power Project (2,000 MW)

2024

USA USA

Awarded the Yona (Guam) ESS-linked Solar Power Project (132 MW)

2019

Mexico Mexico

Awarded the development of a solar power project (294 MW)

2018

USA USA

Acquired the California Solar Power Plant (235 MW)

2017

USA USA

Guam Solar Power Project (60 MW)

2016

Japan Japan

Chitose Solar Power Project (28 MW)

China China

Kezhuo Solar Power Project, Liaoning (7 MW)

2013

Jordan Jordan

Fujeij Wind Power Project (89 MW)

2005

China China

Wind power projects in Inner Mongolia, Liaoning, and Gansu Provinces (1,017 MW)

Additional Project Awards

2023

Mozambique Mozambique

MG System Deployment in Tete

Indonesia Indonesia

AMI (Advanced Metering Infrastructure) Deployment in West Java

Dominican Republic Dominican Republic

Distribution Automation System Deployment

Honduras Honduras

Smart Distribution Network Construction

Dominican Republic Dominican Republic

5th Phase Distribution Substation EPC Project

Bangladesh Bangladesh

Transmission Line Construction Consulting across the Jamuna River

2021

Dominican Republic Dominican Republic

Feasibility Study for Distribution Automation

Myanmar Myanmar

Power Environment Improvement Project

Honduras Honduras

Green Energy Island Construction

2020

Tanzania Tanzania

ESS Deployment Planning Support for Frequency Regulation

Indonesia Indonesia

Feasibility Study for Smart Energy Infrastructure Business Model Development

Indonesia Indonesia

Preliminary Feasibility Study for Smart Energy Infrastructure Business Model Development

Bangladesh Bangladesh

CDM (Clean Development Mechanism) for Water Purification Facilities

Honduras Honduras

Master Plan Formulation and Detailed Planning for Distribution Automation System

Peru Peru

Feasibility Study for Distribution Network Efficiency Improvement

Timor-Leste Timor-Leste

Consulting for Power Loss Reduction

Major Project Awards

2023

Honduras Honduras

Smart Distribution Network Construction

Dominican Republic Dominican Republic

5th Phase Distribution Substation EPC Project

Bangladesh Bangladesh

Consulting for Transmission Line Construction across the Jamuna River

2021

Dominican Republic Dominican Republic

Feasibility Study for Distribution Automation

Myanmar Myanmar

Power Environment Improvement

Honduras Honduras

Green Energy Island Construction

2020

Indonesia Indonesia

Feasibility Study for Smart Energy Infrastructure Business Model Development

Indonesia Indonesia

Preliminary Feasibility Study for Smart Energy Infrastructure Business Model Development

Bangladesh Bangladesh

CDM for Clean Drinking Water Facility

Honduras Honduras

Detailed Planning for the Establishment of a Master Plan for a Distribution Automation System

Peru Peru

Feasibility Study for Distribution Network Efficiency Improvement

Timor-Leste Timor-Leste

Consulting for Power Loss Reduction

2019

Dominican Republic Dominican Republic

Distribution EPC Project (EIB)

Dominican Republic Dominican Republic

Distribution EPC Project (WB)

Bangladesh Bangladesh

765 kV Transmission Network Feasibility Study

Bangladesh Bangladesh

Transmission Network Construction Consulting

Tajikistan Tajikistan

Power Grid Construction Consulting

2018

Myanmar Myanmar

500 kV Transmission Network Overhead Line Construction Consulting

2017

Ethiopia Ethiopia

Feasibility Study for Southern Power Grid Expansion

Uzbekistan Uzbekistan

SCADA/EMS Consulting

Philippines Philippines

Voltage Upgrade Project for Northern Distribution Lines

2016

Cambodia Cambodia

Consulting for Distribution Network Construction

Ghana Ghana

Infrastructure Development for Training Transmission & Substation Personnel

2013

Egypt Egypt

Distribution Automation Construction Project

2011

Kazakhstan Kazakhstan

Transmission and Substation EPC Project

Bhutan Bhutan

Substation EPC Business

India India

EPC Business

Dominican Republic Dominican Republic

Distribution EPC Business

2002

Philippines Philippines

Feasibility Study for Distribution System Improvement

2002

Myanmar Myanmar

Power Grid Diagnosis and Development Study

Additional Project Awards

2020

Honduras Honduras

Green Energy Island Construction in Guanaja Island

Ethiopia Ethiopia

Feasibility Study for FR-ESS Construction

Mozambique Mozambique

ESS for Grid Stabilization Construction

Malaysia Malaysia

Feasibility Study for AMI Expansion

Ethiopia Ethiopia

Consulting for FR-ESS Introduction and Grid Stability Improvement

Major Project Awards

2023

Mozambique Mozambique

MG System Construction in Tete

Dominican Republic Dominican Republic

AMI Expansion Project in West Java

Dominican Republic Dominican Republic

Distribution Automation System Construction

2022

Saudi Arabia Saudi Arabia

MG Construction Project in Guanaja Island

2021

UAE UAE

HVDC Subsea Transmission Network Project

2020

Tanzania Tanzania

Feasibility Support for ESS Construction for Frequency Regulation

Indonesia Indonesia

Feasibility Study for Smart Energy Infrastructure Business Model Development

Indonesia Indonesia

Preliminary Feasibility Study for Smart Energy Infrastructure Business Model Development

Bangladesh Bangladesh

Drinking Water Facility CDM Project

2019

Myanmar Myanmar

Construction of Energy Self-sufficient Villages

Cambodia Cambodia

Construction of Microgrid (MG) and Charging Stations

Ecuador Ecuador

Galapagos MG Construction Project

2018

Myanmar Myanmar

Cookstoves CDM Project

Barbados Barbados

K-BEMS (Korea Building Energy Management System) Construction Project

Tanzania Tanzania

Smart Power Demand Management Project

Ecuador Ecuador

Galapagos MG Construction Project

Sri Lanka Sri Lanka

AMI Construction Project

Bangladesh Bangladesh

GIS (Geographic Information System) Construction Project in 4 Cities including Chittagong

2017

Dominican Republic Dominican Republic

Feasibility Study for Developing a New Distribution Business Model

Ethiopia Ethiopia

Eco-town MG Construction

Sri Lanka Sri Lanka

AMI Construction Project

United States United States

Guam ESS EPC Consulting

2016

Ethiopia Ethiopia

Feasibility Study for Eco-friendly Energy Town

Mongolia Mongolia

Feasibility Study for Eco-friendly Energy Town

Peru Peru

Feasibility Study and Local Demonstration Project for Standalone MG Construction

2015

Dominican Republic Dominican Republic

Smart Distribution EPC Project

Bhutan Bhutan

Intelligent Substation EPC Project

UAE UAE

Smart City Construction Project

Nigeria Nigeria

GIS Database Construction Project

Canada Canada

Microgrid Pilot Project

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