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History

A new beginning..
EWP, whose power history is in line with the birth and development of Korea, is opening a new chapter.
In March 1887, as the first electric light was turned on at Geoncheong-gung, Gyeongbok-gung, the history of Korea’s power industry began. In July 1961, KEPCO was established by the integration of Gyeongseong Electricity, Joseon Electricity, and Namseon Electricity. Over 40 years later, Korea's power industry went through a major change.

The Korea power industry was restructured by the Korean government in 2001. Korea East West Power Co., Ltd. (EWP) was spun off from the vertically-intergrated Korea Electric Power Corporation (KEPCO), along with four thermal and one nuclear generation companies (GENCOs)
DOMESTIC POWER PLANTS
1961
  • Korea Electric Power Co., Ltd.
1982
  • Korea Electric Power Corporation
2001
  • Spun off from KEPCO as a power generation company
2002
  • Completed Sancheong Power Units #1 and #2
2003
  • Issued, for the first time as a power company, Yen-denominated bonds worth 20billior won at a very low interest rate (1.33%)
2004
  • Introduced Six Sigma
2005
  • Won 1st place (of the Korea BSC Awards)
2006
  • Completed Dangjin Power Units #5 and #6
2007
  • Acquired ISO 9001/14001
2008
  • Won the contract to commission Nueva Ventanas Power Plant in Chile
  • Completed Dangjin Power Units #7 and #8
2009
  • Proclaimed of the ‘EWP Vision 2012’
  • Signed the contract for the operation project of the Cebu CFBC Power Plant
2010
  • Acquisite biomass power generation facilities in US
2011
  • Completed Construction of 30MW Diesel Power Plant in Haiti
  • Held the Ceremony of Company`s 10th Founding Anniversary
  • Acquired 40% Ownership of Jamaica Public Service
  • Proclaimed of the ‘EWP New Vision for 2020’
  • We provide 11.1%(8,815.1MW) of domestic electricity supply.
2013
  • We carry out overseas projects in 7countries.
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