Press Release

Doosan Enerbility announced on November 28th that it had signed a memorandum of understanding with KEPCO KPS on collaborating to strengthen their global competitiveness in the area of global power projects. The signing ceremony which was held at Doosan Enerbility’s Changwon headquarters on November 27th was attended by the related parties, including Hongyoun Kim, President of KEPCO KPS, and Yohan Yun, Chief Marketing Officer of Doosan Enerbility.

The MOU was pursued as part of the joint efforts to effectively target the global new build and aging power plant modernization projects by combining the forces of Doosan Enerbility, which holds expertise in engineering, procurement and construction (EPC) work and power plant components manufacturing, with that of KEPCO KPS, a company recognized for its power plant maintenance capabilities.

With the signing of this MOU, the two companies will be collaborating on the following areas – joint development of global power projects and pursuit of technological partnerships across entire plant lifecycle, development of performance improvement & environmental control system installation projects for aging power plants, and sharing of information regarding global power projects and technological trends.

“Both companies, with our proven capabilities backed by a solid track record built up over the years in the global power market, have come to join forces now in pursuing global power projects,” said Yohan Yun, CMO of Doosan Enerbility.  “Based on our strong partnership, we aim to achieve tangible results in the global market.”

Doosan Enerbility and KEPCO KPS plan to jointly pursue the development of various types of global power projects in the regions of Central Asia, Africa and Southeast Asia, such as power plant performance improvement and plant rehabilitation projects.

▲ Hongyoun Kim, President of KEPCO KPS (on the left), and Yohan Yun, CMO of Doosan Enerbility, pose for a photo at the MOU signing ceremony held at Doosan Enerbility’s Changwon headquarters on Nov 27 for strengthening competitiveness in global power projects.

▲ Hongyoun Kim, President of KEPCO KPS (6th from the right), Yohan Yun, CMO of Doosan Enerbility (6th from the left), and related parties pose for a group photo at the MOU signing ceremony held at Doosan Enerbility’s Changwon headquarters on Nov 27 for strengthening competitiveness in global power projects.