February 4Completition of the photovoltaic generation facilities in Gyeongsang National University, Gajwa Campus
February 26The 30th anniversary of unit #1, 2 completion in Samcheonpo TP
March 27HQ relocation to the innovative city of Jinju
2013
January 25Entered into the agreement of "Photovoltaic power plant development project" in Gyeongsang National University
February 25Shareholder agreement of Joint development of electric power project for India
March 6Completion of the Photovoltaic power system in expressway
April 4Entered into the Joint Development Agreement on hydroelectric power plants in Cambodia(Prek Liang)
May 9Completion of stage 2 of 3.08MW fuel cell in Bundang combined cycle power plant June 14 Won the award from the Board of Audit and Inspection for results of self-inspection activities
July 18Awarded the grand prize in Digital management innovation in Korea
August 3Completion of the first Sunny Garden in Sacheon
September 23Inauguration of the 5th CEO, Heo Yeop
2012
January 5Foundation of the Ansan combined cycle Inc., "S-Power"
February21 Shareholder agreement of the NOVUS wind power in USA
March 8Completion of the Photovoltaic power plants in Bulgaria
April 5Inauguration of the new committee of inspection, Jo Ujang
May 29Foundation of "G-Tops"; the special export enterprise of heavy machinery goods
June 13Achieved a grade "A" in performance evaluation of public enterprises
July 6Opening of permanent exhibition hall of small businesses
August 3Proclaimed KOSEP's culture of integrity
September 26Completion of the NOVUS wind power in USA
October 25Awarded as one of the 100 best company to work for
November 26Beginning of construction of the Ansan combined cycle power plant
December 18Held the festival of company-wide management innovation
2011
January 21kosep and STX construction signed MOU
February 1kosep and SDN signed Shareholder agreements
March 25kosep and Kwater signed MOU for develop Photovoltaic System on the Water
2010
May 24Samcheonpo Thermal Power Plant hold a solar ceremonyphotovoltaic power generation facility dedication ceremony
June 26Jang Do-soo, KOSEP CEO received value innovation manager Prize at SAVE International Awards Ceremony in U.S.A
June 15KOSEP won the prize for best Power Plant Company Evaluation and CEO Evaluation in 2009
2009
January 19Vision Declaration for takeoff to Global Power Leader
February 19Installation of 4th auditor Kim Seon Jong
May 20Beginning of Facilities improvement project for Yeosu Thermal Power Plant 2nd unit September 22 Awarded for Korea VE grand prize
November 25Awarded for silver medal from the President in National Quality Management Award(Yecheon)
2008
January 23Received the Best Transparency Management Prize.
June 13Won Presidential award at the public institution Purchase competition exhibition
October 29Do-Soo Jang appointed President November 20 Quality control circle Dept. received Presidential award at the National Quality Management Contest (Samcheonpo, Yeongdong, Yecheon, Muju) November 26 Received Social Contribution Corporate Award
December 17Yeongheung Thermal Power received the best prize at Kyung Hyang Electricty & Energy Award
2007
January 25Completion of 250kW Bundang Hydrogen-fuel cell power generation system
March 22Yeosu thermal power Plant achieves new safety record(10,000 accident-free days)
April 3Inauguration of the third President Young-Wook Kwak June 28 The first ignition of Yeongheung Thermal Power Plant Unit 3
July 3Won the Minister Award in the Good Performance of RPA(Renewable Portfolio Agreement)
August 20Won the second place in Sustainability Report appraisal among the domestic companies
November 23Won the Presidential Award in the National Quality Management Award
2006
February 27UN Global Compact signed
February 27Established master and doctor's degree on combustion technology with Busan University
April 3KOSEP Way announced
October 23Sustainability Report Published
October 26Coner Stone Ceremony held at lower dam of Yecheon Pumped Storage Power Plant
November 21,000kWp solar photovoltaic power generation facility completed at Yeongheung
November 8Yeongdong Thermal Power Plant received Presidential Prize at 22th Kyunghyang Energy Awards Ceremony
November 23Work begun oceanic small hydro power generation facility as first in the world at Samcheonpo
December 22Received Consolidated Certificate of the Quality & Environmental Management System of International Standardization Organization (ISO 9001/14001).
2005
Our efforts to be recognized an environment-friendly company and a major player in the energy business have been acknowledged by winning the grand prize in the National Environmental Management Award and other prizes such as the Prime Minister’s Award for innovation in the field of the National Productivity. With this new found recognition and praise, KOSEP increased its standing as a global leader in the power industry.
January 10Employment of 110 new recruits
April 22Commencement of Yecheon Pumped Storage Power Plant Construction Site Office
April 22Ground-breaking ceremony for work at Yecheon Pumped Storage Power Plant Construction Site Office
April 26Certified as 5th grade in National Production Management System
May 25Acquired A2 (Stable) rating from Moody’s Long-Term Obligation Ratings
June 10Won the Prime Minister Award in the National Environmental Management Awards
June 10Awarded Grand Prix in National Environmental Management Awards
July 6Conclusion of contracts concerning equipment at Yecheon Pumped Storage Power Plant Construction Site Office
August 1Employment of 63 new recruits September 23 Awarded Grand Prize for Production Innovation in National Productivity Awards.
September 29Won the Prime Minister Award for innovation at the National Productivity Awards
October 13Completion of Samcheonpo Thermal Power Plant's de-sulfurization and de-nitrification facilities
October 13Completion of construction of the de-sulfuration & de-nitrification facilities at the Samcheonpo Thermal Power Plant
November 29Completion of Samcheonpo Thermal Power Plant's solar energy power plant
December 20Yeosu Thermal Power Plant won the Mae-Kyung Safety Management Award
2004
Commence of the second managerial term with the inauguration of the second President, Hee-Gab Park, and by organizing the Nanuum Service Group, a community service program. KOSEP opened the first national high-capacity (800,000 kW) thermal power generation plant with the completion of Yeongheung Thermal Power Plant Unit 1 and Unit 2
March 26Completion of the repair and renovation of Unit 2 at Yeosu Thermal Power Plant
April 6Inauguration of the second President Hee-Gab Park
April 26Employment of 41 new recruits
May 15Groundbreaking ceremony of Unit 3 and Unit 4 of Yeongheung Thermal Power Plant
May 28Commencement of the base excavation construction of Unit 3 and Unit 4 sets' main building
July 19Employment of 57 new recruits
September 15Organization of Nanuum service group
October 29Big banquet held for KOSEP's families in Muju and Proclamation of “Global Power Leader” as a company’s vision
November 12Groundbreaking ceremony at Samcheonpo Small Maritime Hydrogen and Solar Photovoltaic Power Plant
November 19Awarded Presidential prize in National Quality competition (Yeongdong )
November 23Samcheonpo Thermal Power Plant won the Prime Minister Award in the Kyung Hyang Electricity Energy Awards
December 14Chosen as one of the best information-oriented companies by the Ministry of Information and Communication
December 23Completion of Unit l and Unit 2 of Yeongheung Thermal Power Plant
2003
We, issued the first Eurobonds, were joined by the first new members of staff, and established Yecheon construction office. KOSEP laid the foundation for becoming a world-class company by garnering various technology and management awards.
January 21Establishment of Yecheon Pumped Power Construction Site Office
May 15Completion of Muju Small Hydro Power Plant construction (400kW)
June 18Issuance of Eurobonds for the amount of US $150 million August 25 Employment of first 55 new recruits
September 3Won the Presidential Award in the Kyung Hyang Electric Energy Awards
September 5Won the grand prize for productivity innovation in the National Productivity Awards
October 30Imported 100 million tons of coals for the Samcheonpo Thermal Power Plant
November 14Won the silver prize of Presidential Award in the National Quality Competition
December 12Bundang Combined Cycle Power Plant won the grand prize in the Safety Management Awards
2002
We intelligently resolved labor union strike and rectified damages caused by Typhoon Rusa at Yeongdong plant, and were ready for our entrance into the energy business through innovative management policies. We also demonstrated our eco-friendly or environmental-friendly management credentials at KOSEP by commencing the de-sulfurization equipment installation for environmental conservation.
January 6Issuance of corporate bonds of W130,000,000,000
February 25Korean Power Plant Industry Labor Union strike
July 5Foundation of Neo-BOD
July 15KOSEP selected as a preferential candidate for privatization
August 31Damages caused at Youngdong Plant by Typhoon Rusa and its restoration
October 1Completion of construction at Yeongheung Bridge
October 22Commencement of Samcheonpo de-sulfurization equipment installation
December 23Acquisition of public authentication on safety and health management system (KOSHA 18001) for all power plants
2001
The year 2001 began with the newly established KOSEP. With the proclamation of its corporate philosophy and vision, KOSEP took its first steps forward.
April 2Establishment of KOSEP April 6 Inauguration of the first President, Haeng-Soon Yoon
April 25Meeting of the first board of directors
May 24Proclamation of corporate philosophy and vision
May 30Number of visitors to Muju Public Relations Center exceeds one million
July 10Establishment of corporate regulations
August 10Launch of corporate news magazine (Hannamjeon) November 15 Completion of Yeongheung Bridge
December 12Establishment of ethical charter and code of conduct
Before 2001
April 2, 2001Foundation of KOSEP (Korea South East Power Co., Ltd)
January 1, 1982Launching KEPCO (Korea Electric Power Corporation)
July 1, 1961KECO (Korea Electric Company) (Consolidated Gyeong-Seong Electric Co, Chosun Electric Co, Namseon Electric Co.)