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Korea Hydro & Nuclear Power

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Korea Hydro & Nuclear Power (Korean: 한국수력원자력, KHNP) is a subsidiary of the Korea Electric Power Corporation (KEPCO). It operates large nuclear and hydroelectric plants in South Korea, which are responsible for about 30% of the country's electric power supply.

Korea Hydro & Nuclear Power
Hangul한국수력원자력(주)
Hanja韓國水力原子力(株)
Industry
Founded2001 (2001)
FounderKorea Electric Power Corporation
Headquarters,
Key people
Chung Jaehoon (CEO)
ProductsElectricity
Revenue₩4.8 trillion
₩0.9 trillion
Total assets₩57 trillion
Total equity₩25 trillion
Number of employees
9,500 (2014)
ParentKorea Electric Power Corporation
Websitecms.khnp.co.kr/eng

HistoryEdit

It was formally established in 2001 as part of a general restructuring at KEPCO,[1] although KEPCO had opened its first nuclear plant at Kori in Busan in 1977. The first commercial operation of Kori nuclear #1 was held 1978.

OperationsEdit

The company also operates internationally, with offices in New York, Washington, Paris,Tokyo and Praha. The current CEO is CHUNG Jaehoon (Korean: 정재훈).[2] As of 2019, it had about 9,500 employees and sales revenue of 4.8 trillion[3] (approximately US$7 billion). The current international credit ratings are Aa2 stable/AA stable/AA- stable(Moody's/S&P/Fitch),[4] which are one of the top in global utility industry.

Power plantsEdit

See alsoEdit

NotesEdit

  1. ^ "History". KHNP English-language site. Archived from the original on 2014-11-29. Retrieved November 19, 2014.
  2. ^ "History of Executives". KHNP English-language site. Archived from the original on 2014-03-01. Retrieved November 19, 2014.
  3. ^ "Financial Statements". KHNP English-language site. Archived from the original on 2014-10-20. Retrieved November 19, 2014.
  4. ^ "Global Credit Ratings". KHNP English-language site. Archived from the original on 2019-10-21. Retrieved October 11, 2019.
  5. ^ a b "KHNP is: Overview". KHNP English-language site. Archived from the original on 2014-10-19. Retrieved November 19, 2014.

External linksEdit