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KEPCO seeks win-win competition based on independent R&R of each Group company to ensure joint development of KEPCO Group companies.

Public and private electric power projects require companies in different disciplines to work in unison to create the maximum synergy. The group of KEPCO companies represents KEPCO's global, competitive advantages that satisfy such requirement. To stably supply electric power and strengthen competitiveness of all KEPCO companies, KEPCO and its subsidiaries & affiliates join forces to maximize the effects of power generation fuel procurement, R&D projects and responses to climate change.
Korea Hydro & Nuclear Power Co., Ltd. image

Korea Hydro & Nuclear Power Co., Ltd. (KHNP)

  • Address : 1655 Bulguk-ro, Yangguk-myeon, Gyeongju-si, Gyeongsangbuk-do, KOR
  • Number of employees : 12,305
  • Website : www.khnp.co.kr
  • Paid-in capital : 1,212 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 9,324 billion KRW
  • Assets : 6,464 billion KRW
  • Net income : 302 billion KRW
  • Debt ratio : 146.0%(non-consolidated)
KHNP is the only nuclear power plant operator in Korea. It also operates hydroelectric and pumped hydroelectric power plants. Its total installed capacity is 30,022MW - 24,650MW from 25 nuclear power plants, 607.5MW from 37 hydropower plants and 64.7MW from 46 new & renewable power plants. KHNP accounts for about 28.24% of Korea's total power generation capacity (excluding that of IPPs).
Korea South-East Power Co., Ltd. image

Korea South-East Power Co., Ltd. (KOEN)

  • Address : 32 Sadeul-ro, 123beon-gil Jinju-si, Gyeongsangnam-do, KOR
  • Number of employees : 2,811
  • Website : www.koenergy.kr
  • Paid-in capital : 297.6 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 5,189 billion KRW
  • Assets : 11,487 billion KRW
  • Net loss : 58 billion KRW
  • Debt ratio : 130.8%(non-consolidated)
KOEN operates Samcheonpo Thermal Power Plant and Yeongheung Thermal Power Plant. Its total installed capacity is 9,278MW – 7,868MW from 12 bituminous coal-fired units, 922MW from 10 gas-fired combined cycle units and 325MW from 2 anthracite coal-fired unit.
Korea Midland Power Co., Ltd. image

Korea Midland Power Co., Ltd. (KOMIPO)

  • Address : 160 Boryeongbuk-ro, Boryeong-si,
    Chungcheongnam-do, KOR
  • Number of employees : 2,669
  • Website : www.komipo.co.kr
  • Paid-in capital : 142.9 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 5,263 billon KRW
  • Assets : 13,756 billion KRW
  • Net income : 55 billion KRW
  • Debt ratio : 257.9%(non-consolidated)
KOMIPO operates Boryeong Thermal Power Plant, Seocheon Thermal Power Plant and other power plants. Its total installed capacity is 10,775MW - 6,106MW from 9 bituminous coal-fired units and 4,310MW from 29 gas-fired combined cycle units.
Korea Western Power Co., Ltd. image

Korea Western Power Co., Ltd. (KOWEPO)

  • Address : Jungang-ro, Taean-eup, Taean-gun, Chungcheongnam-do, KOR
  • Number of employees : 2,695
  • Website : www.iwest.co.kr
  • Paid-in capital : 166.6 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 4,971 billion KRW
  • Assets : 10,829 billion KRW
  • Net loss : 172 billion KRW
  • Debt ratio : 192.0%(non-consolidated)
KOWEPO operates Taean Thermal Power Plant and other power plants. Its total capacity is 11,503MW – 6,100MW from 10 bituminous coal-fired units, 3,387MW from 22 gas-fired combined cycle units, and 1,400MW from four oil-fired units.
Korea Southern Power Co., Ltd. image

Korea Southern Power Co., Ltd. (KOSPO)

  • Address : 40 Munhyeongeumyung-ro, Busan, KOR
  • Number of employees : 2,648
  • Website : www.kospo.co.kr
  • Paid-in capital : 238.7 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 5,672 billion KRW
  • Assets : 11,351 billion KRW
  • Net loss : 113 billion KRW
  • Debt ratio : 167.0%(non-consolidated)
KOSPO operates Hadong Thermal Power Plant and other power plants. Its total installed capacity is 11,479MW – 6,044MW from 10 bituminous coal-fired units, 4,810MW from 10 gas-fired combined cycle units and 305MW from 3 oil-fired units.
Korea East·West Power Co., Ltd. image

Korea East·West Power Co., Ltd. (EWP)

  • Address : 395 Jongga-ro, Jung-gu, Ulsan, KOR
  • Number of employees : 2,503
  • Website : www.ewp.co.krr
  • Paid-in capital : 289.7 billion KRW
  • Shareholding : KEPCO (100%)
  • Revenue : 4,743 billion KRW
  • Assets : 9,896 billion KRW
  • Net income : 11 billion KRW
  • Debt ratio : 109.1%(non-consolidated)
EWP operates Dangjin Thermal Power Plant, Honam Thermal Power Plant and other power plants. Its total installed capacity is 9,563MW – 6,440MW from 12 bituminous coal-fired units, 2,972MW from 20 LNG CCPP units, and 400MW from 2 anthracite coal-fired units.

As of Sep, 2022 (unit : billion KRW, %)

KEPCO group companies
KEPCO’s Subsidiaries – Electric Power Generation Companies
Company name Major business Capital KEPCO’s Share
Amount Ratio
Korea Hydro &Nuclear Power Co., Ltd.
Electric power resource development, electric power generation
1,212
1,212
100
Korea South-East Power Co., Ltd.
297.6
297.6
100
Korea Midland Power Co., Ltd.
142.9
142.9
100
Korea Western Power Co., Ltd.
166.6
166.6
100
Korea Southern Power Co., Ltd.
238.7
238.7
100
Korea East-West Power Co., Ltd.
289.7
289.7
100