President Park Hyung-duck of Korea Western Power (KOWEPO) said, “We’ve finished up all preparations to make a leap forward as a top power company.”
“I’ve prioritized substantial management through solutions to our company’s present issues, rather than releasing management strategies and slogans since I took office, and these efforts led to achieving good things last year,” President Park said in his New Year’s message released on Jan. 2.
President Park said KOWEPO achieved becoming a company with top levels of safety by establishing a culture of safety.
Also, a nationwide work site had been secured so young staffers and deputy general managers can achieve a greater dream.
The power company secured future management engines, such as the life extension of natural gas-fired combined cycle power plants through hydrogen-mixed verification.
It also achieved a stable financial structure by solving profit issues related to integrated gasification combine cycle (IGCC) power plants, and furthermore, KOWEPO had not only implemented energy transition projects, such as Gimpo Cogeneration Plant and Gumi Combined Cycle Power Plant, but also managed to secure new growth engines, such as landing a 500MW photovoltaic power plant order from Oman, President Park said.
Park said, “We still need to make strenuous efforts to be a top company, and let me suggest a few management tenets to make a leap forward as a top-tier power company based on last year’s achievements.”
First, Park called for realizing top levels of a culture of safety.
Second, he asked for the establishment of a safe financial structure through management innovation.
Third, he said KOWEPO has to lead the energy industry as a company with top-tier technology levels.
“KOWEPO has to lead the future hydrogen industry by prioritizing R&D on carbon neutrality, such as developing hydrogen-mixed technologies using gas turbines of Seoincheon Power Plant, we are asked to become a company with top-tier technologies by converging expertise that has been so far accumulated through the successful verification of the nation’s first homegrown gas turbines and the implementation of state-financed R&D tasks,” he said.
Fourth, President Park demanded solidifying partnerships through shared growth of regional society.
Lastly, he urged his executives and staffers to build a corporate culture based on trust through transparent communication.
“We’ve finished up all preparations to make a leap forward by overcoming a recession period of the past few years,” President Park said.
KOWEPO Launches Intensive Inspection to Eliminate Serious Equipment Accidents
Korea Western Power (KOWEPO) embarked on a companywide drive to do away with serious equipment accidents, such as explosions, fires and leakages, at a ceremony at KOWEPO headquarters in Taean, Chungcheongnam-do, on Jan. 16.
The power company held a ceremony to declare a 30-day campaign to conduct an intensive inspection designed to eliminate serious equipment accidents.