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GLOBAL HVDC & FACTS
LEADING COMPANY

KAPES targets to secure the core competencies in the early stage to take a leap

to be the future global leading company in the field of HVDC & FACTS.

Basis

Basis
Target Business Design, Procurement, Erection, Management, Manufacturing License, Consulting, R&D for HVDC & FACTS Projects
Transfer of
Competencies

Engineering competency : KAPES

Manufacturing competency(Equipment) : LSIS

Goal : Securing Design competency throughout 1st~4th projects
Manufacturing competency to be directly transferred from GE to LSIS

Place/Date of Establishment Korea(Seoul), 12. 14. 2012
Capital Stock 7.84 Million Euro (Approx. 11 Billion KRW)
Capital Stock
Category KEPCO GE Total
Share Ratio 51% 49% 100%
Investment 5,629,380 KRW 5,408,620 KRW 11,038 Million KRW

PARTNERSHIP

HVDC & FACTS EPCM Business
Development of domestic projects
Overseas projects (Asia, Middle-East, Africa)
Overseas Package Projects bu KEPCO
(Power Plant + HVDC, Wind Farm + HVDC)
Green Business
(Smart Grid, Renewable Energy)
Development of Maintenance Business
Consulting Business
R&D (KEPCO, Overseas Projects, Governmental Research Institute)
Investment
Capital Investment (Registered Capital, Capital Reserve)
Transfer of competency for HVDC & FACTS
Transfer of competency
(EPC, Project Management, System Design(Basic¡¯/Detail, Maintenance, Control & Protection(S/W), Technical Analysis, Erection/Civil Works, Commissioning, Equipment Specification)
Transfer of Manufacturing
competency(Valve, Converter Transformer, Filter, Control(H/W))
Supply of HVDC Equipment
HVDC Equipment (Valve, Transformer, Filter, Control & Protection System, DC S/W, Arrestor, Reactor, etc.)
Business Support for Maintenance
Business Support for Consulting
Investment
Capital Investment (Registered Capital, Capital Reserve)
Manufacturing License for HVDC(LCC) Equipment
Securing Manufacturing competency of Main Equipment such as Control, Valve, Converter Transformer
HVDC Equipment
Supply of Main Equipment & Cables
Business Support for Maintenance
Investment
Investment of Production and R&D