October 22, 2014 10:20 PM ET

Electric Utilities

Company Overview of Korea East-West Power Co., Ltd.

Company Overview

Korea East-West Power Co., Ltd., together with its subsidiaries, is engaged in the generation and supply of electricity in South Korea and internationally. The company generates electricity using bituminous coal, anthracite, heavy oil, liquefied natural gas, outflow water, sunlight, fuel cells, and wind power. As of December 31, 2012, it owned and operated 5 power plants with a generating capacity of 8,816 megawatts (MW). The company also constructs and operates 5 MW of mini hydro, 6.1 MW of photovoltaic, and 5.2 MW of fuel cell power generation facilities. Korea East-West Power Co., Ltd. sells its electricity to Korea Electric Power Corporation. The company is headquartered in Seoul, South ...

512 Yeongdong-daero

Samseong-dong

Gangnam-gu

Seoul,  135-791

South Korea

Phone:

82 2 3456 8415

Fax:

82 2 3456 8439

Key Executives for Korea East-West Power Co., Ltd.

Chief Executive Officer
Age: 59
Controller
Age: 54
Executive Vice President of Operations Division and Standing Director
Age: 59
Head of Overall Business Management
Age: 62
Head of Planning Management and Executive Vice President
Age: 62
Compensation as of Fiscal Year 2014.

Korea East-West Power Co., Ltd. Key Developments

Kibo Mining plc Signs Memorandum of Understanding with Korean East-West Power Co. Ltd

Kibo Mining plc announced that it has signed a Memorandum of Understanding (MOU) with Korean East-West Power Co. Ltd. (EWP) on the Rukwa Coal to Power Project. This follows the company's announcement of the 24th April 2013 on the selection of EWP as its preferred strategic partner to jointly develop a 300-350 megawatt mouth-of-mine thermal coal plant based on its Rukwa coal deposit in southern Tanzania. The MOU provides for the general terms of the partnership including terms on the scope of co-operation, sharing of information and confidentiality. This MOU is a major step towards finalizing the formal joint venture agreement between the parties which is scheduled to be completed following a site visit and technical due diligence by EWP at the beginning of August 2013.

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