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Better Light, Better Life. We will make the world a better place. KOEN will present shining future for you.
Better Light, Better Life. We will make the world a better place. KOEN will present shining future for you.


Creating Energy for the national happiness and the development of State

Dear esteemed people in the nation and the interested group.
How are you? This is the president & CEO Hoe-chun Kim of

KOEN Co., Ltd. was established in 2001 being separated from the electricity generation department of KEPCO(Korea Electric Power Corporation). We are supplying the economical power stably to the consumers which is the driving force of the national industry development and essential energy for the cultural life of the people from the 6 power generation complexes including Samcheonpo TP. And we are equipped with the facilities capacity of 10% of the overall in the nation.

To reform the organization as a global energy company creating the future, KOEN established the management principles of 'value creation' for the nation development, 'innovation and growth' for the realization of sustainable growth by internalization of innovation and 'communication and trust' for the open management and building trust both internal and external. We put the utmost effort from the whole to achieve the principles.

President & CEO of KOEN(KOSEP). Hoe-chun Kim

In addition, creative thinking and ceaseless management innovation to improve the management system and process became a driving force to raise up the company value and the growth. Phasing in the intrapreneur for the first time among the public enterprises, KOEN eliminates waste factors by expanding the responsibility management and the autonomous management. Also we achieve the creating profits, the power generation cost reduction and the stable operation of the facilities by developing its unique 3 major innovation acts such as the cost innovation, the process innovation and the field innovation.

To solve the suffer from the inefficient electric power supply of the metropolitan area, KOEN is planning to construct Yeongheung power plant unit 7, 8 with the capacity of 1,740MW and it is going to be 4,000MW class coal fired electric power plant around Sacheon and Gangneung City together with the private companies which is reflected to the 6th mid-long term power demand supply program that would reach 80% of the current power generation capacity.

As an additional remark, KOEN has actively developed the activities to secure the global standard technology by selecting 10 core technologies including New & Renewable energy field. And the aggressive propulsions of the business from the overseas and new business such as the solar photovoltaic power plant in Bulgaria, Novus wind-farm development in US and the coal-fired power plant construction in Indonesia etc. bring the profitable results.

On the other hand, KOEN has kept remaining vigilant at the social responsibility of the company. It has taken a lead to build up ethical business environment by announcing eternal part company with unethical practices including the corruption and the bribery scandal together with the partners. Also we use its all forces to make the society filled with the warmth and happiness in all the members as a sincere companion of the regional society by sharing the value of life with the isolated neighbors.

It's clearly noted that KOEN of the day stood up based on the cooperations and concerns from the groups interested such as the customers, partners and the local residents. In this sense, the web-site will be the open space to communicate with the people about the transparent information related to the company and to listen to any of you. And the outcome shall be the valuable nourishment to the company to grow continuously.

Like the luxuriant forest is made of gathering of a tree, KOEN will put its utmost efforts to propagate the energy of happiness throughout the people and the persons concerned by taking every single advice and support for any of you deeply in mind. Your interest and sincere input will always be very much appreciated.

With the warmest regards, President & CEO of KOEN.

Hoe-chun Kim