Table of Contents
Table of Contents 2
List of Tables 5
Company Snapshot 6
Key Information 6
Company Overview 6
SWOT Snapshot 6
Operational Metrics 7
Korea Midland Power Co Ltd, Operational Metrics, By Segmental Information 7
Korea Midland Power Co Ltd, Wind Farms 8
Korea Midland Power Co Ltd, Wind Farms, Republic of Korea 8
Korea Midland Power Co Ltd, Solar PV Parks 9
Korea Midland Power Co Ltd, Solar PV Parks, United States 9
Korea Midland Power Co Ltd, Hydro Power Plants 12
Korea Midland Power Co Ltd, Hydro Power Plants, Pakistan 12
Korea Midland Power Co Ltd, Biopower Plants 13
Korea Midland Power Co Ltd, Biopower Plants, Republic of Korea 13
Korea Midland Power Co Ltd, Thermal Power Plants 14
Korea Midland Power Co Ltd, Thermal Power Plants, Indonesia 14
Business Description 16
Business Overview 16
Major Products and Services 17
History 18
SWOT Analysis 21
Overview 21
Korea Midland Power Co Ltd Strengths 21
Operational Performance 21
Synergy with Parent company 21
Energy Related Operations 21
Korea Midland Power Co Ltd Weaknesses 22
Working Capital Deficit 22
Korea Midland Power Co Ltd Opportunities 22
Increase in Demand for Renewable Energy: Global 22
Demand for Thermal Power: Republic of Korea 22
Increase in Demand for Electricity: Republic of Korea 22
Korea Midland Power Co Ltd Threats 22
Associated risks 22
Environmental Laws and Regulations 23
Operational Issues 23
Key Employees 24
Company Statement 25
Locations And Subsidiaries 27
Head Office 27
Other Locations & Subsidiaries 27
Financial Deals Landscape 28
Korea Midland Power Co Ltd, Deals Summary 28
Korea Midland Power Co Ltd, Power, Deal Details 29
Asset Transactions 29
Korea Midland Power and BS Energy to Invest USD420 Million in Sipborpa Hydro Power Project situated in Jakarta, Indonesia 29
Marubeni, Korea Midland Power, Samtan and Indika Multi Energi to Invest USD2 Billion in Cirebon III Coal Fired Power Plant in West Java, Indonesia 30
Korea Midland Power Acquired 29% Stake In Navanakorn Thermal Power Plant In Thailand For US$16.7 Million 31
Korea Midland Power, Siam Steel Gratings And Toyo-Thai Invests US$9.4 Million In Siam Solar Power Plant Project In Thailand 32
KOMIPO And POSCO To Invest US$1 Billion In Solar Power Plant In Nevada, US 33
Korea Midland Power To Invest US$100 Million In Hydro Power Plant In Dien Bien Province, Vietnam 34
Korea Rural, Korea Midland Power And Gyeonggi Province To Invest US$536m For Solar And Wind Power Plants In Gyeonggi Province, South Korea 35
Partnerships 36
KEPCO E&C To Form Joint Venture With Korea Midland Power 36
Debt Offering 37
Korea Midland Power Raises USD17.8 Million in Private Placement of Bond Due 2027 37
Korea Midland Power Raises USD62.3 Million in Private Placement of Bond Due 2032 38
Korea Midland Power Raises USD115.7 Million in Private Placement of Bond Due 2037 39
Korea Midland Power Completes Public Offering Of 3.57% Debentures Due 2017 For US$86.3 Million 40
Korea Midland Power Completes Public Offering Of 3.77% Debentures Due 2022 For US$172.7 Million 41
Korea Midland Power Completes Public Offering Of 3.85% Debentures Due 2017 For US$133 Million 42
Korea Midland Power Completes Public Offering Of 3.89% Debentures Due 2019 For US$44.3 Million 43
Korea Midland Power Completes Public Offering Of 4.28% Debentures Due 2015 For US$112.5 Million 44
Korea Midland Power Completes Public Offering Of 4.25% Debentures Due 2016 For US$112.5 Million 45
Korea Midland Power Completes Public Offering Of 4.16% Debentures Due 2015 For US$75 Million 46
Korea Midland Power Completes Public Offering Of 4.07% Debentures Due 2014 For US$137 Million 47
Korea Midland Power Completes Public Offering Of 4.24% Debentures Due 2015 For US$139 Million 48
Asset Transactions 49
SunPower Acquires Solar Power Plant in Eldorado Valley, US from KOMIPO America 49
Recent Developments 50
Korea Midland Power Co Ltd – Recent Developments 50
Jul 06, 2017: KEPCO: Signed MOU with KOMIPO for overseas renewable energy development 50
May 17, 2016: Marubeni, Korea Midland Power Co., Ltd., Samtan Co., Ltd., and PT. Indika Multi Energi Internasional enter into Memorandum of Understanding for development of Cirebon 3 Coal Fired Power Plant Project in Indonesia 50
Jun 25, 2015: Doosan and Korea Midland Power to Improve Performance of 500MW Thermal Power Plants 50
Apr 19, 2013: S-Energy Signs MoU For 70 MW PV Project In Japan 51
Mar 05, 2013: Daelim Signs MoU With Korea Midland Power For Waterpower Generation In Pakistan 51
Dec 22, 2011: KEPCO E&C Signs MoU With Korea Midland Power For Jeju Offshore Wind Power Project 51
Jan 13, 2011: Sojitz Signs Agreement For Joint Development Of First Wind Power Project In Namibia 51
Jun 09, 2017: KOMIPO Issues Tender To Purchase One LNG Cargo For July 2017 52
Jul 25, 2016: KOMIPO Issues Tender To Purchase One LNG Cargo 52
May 16, 2016: KOMIPO inks MoU to construct thermal and hydropower project in Indonesia 52
Apr 29, 2016: Indonesia wampu hydroelectric power plants in commercial operation commencement: Korea Midland Power 52
Nov 13, 2015: KOMIPO bids 70,000 tonnes of coal for January 2016 52
Sep 25, 2015: KOMIPO Re-Issues Tender To Buy LNG Cargo For October 2015 Delivery 53
Aug 07, 2015: KOMIPO purchases 545,000 tonnes of coal 53
May 05, 2015: KOMIPO begins construction of 55MW hydro power plant in Indonesia 53
Oct 08, 2014: KOMIPO purchases 80,000 tonnes of volatile bituminous coal 53
Sep 27, 2013: Korea Midland Power Commences Construction Of First Underground Power Plant In Seoul 53
Sep 25, 2012: Alaska Governor Promotes Alaska LNG In Japan And Korea 53
Apr 24, 2012: ABB Delivers Symphony Plant Automation System For 500 MW Unit At Boryeong Thermal Power Plant In South Korea 54
Apr 26, 2011: KOMIPO To Complete Construction Of RDF-Fired Thermal Power Plant In January 2012 55
Jul 29, 2009: KOMIPO Opens New Small Hydroelectric Power Plant In Seoul, South Korea 55
Aug 23, 2016: Black & Veatch Awarded Consultancy Role in Cirebon, Indonesia Project 55
Nov 19, 2015: MHPS Receives Order for Ultra-supercritical-pressure Boiler for 1,000 megawatts Class Coal-fired Power Plant of Korea Midland Power, Jointly with Daelim Industrial of Korea 55
Oct 23, 2015: Marubeni Corporation to Enter into Power Purchase Agreements for Cirebon Expansion Coal Fired Power Plant Project in Indonesia 56
Oct 22, 2013: Doosan Wins US$ 750 million Project to Construct Sinboryeong Thermal Power Plants No. 1 and 2 56
Jul 05, 2013: Doosan Signs Contract With Korea Midland Power For Supply Of Generation Main Components 57
May 29, 2013: BHI Secures KRW19.6 Billion Contract From Korea Midland Power For Nuclear Power Facilities 57
Apr 18, 2013: KEPCO Plant Services And Korea Midland Sign Contract To Provide Generation Facility Maintenance Service 57
Sep 07, 2012: Korean Companies Selected To Develop Two Hydropower Projects Totaling 1,161 MW Capacity In Pakistan 57
Apr 10, 2012: Vitol Agrees Long-term LNG Supply Contract With Komipo 57
Nov 03, 2011: Komipo Wins $1 Billion Solar Power Plant Project In Nevada 57
Oct 12, 2011: Doosan Signs Contract With KOMIPO To Supply Equipment For Co-generation Power Plant In Sejong City, Korea 58
Oct 05, 2010: MASEN Receives 18 Applications For Development Of First Phase Of 500MW Ouarzazate Program In Morocco 58
Jun 24, 2010: KOMIPO To Operate And Maintain Two Coal-Fired Power Facilities In Indonesia 59
Mar 11, 2008: Lunar Energy Executes Agreement With KOMIPO For Tidal Power Development 59
Apr 19, 2007: Siemens Wins Order For Power Plant From KOMIPO In South Korea 59
Appendix 60
Report Scope 60
GlobalData Coverage 60
Benchmarking 60
GlobalData’s Methodology 60
Secondary Research 60
Primary Research 61
Contact Us 61
Disclaimer 61
Korea Midland Power Co Ltd, Key Facts 6
Korea Midland Power Co Ltd, Operational Metrics, Segmental Information 7
Korea Midland Power Co Ltd, Wind Farms, Republic of Korea 8
Korea Midland Power Co Ltd, Solar PV Parks, United States 9
Korea Midland Power Co Ltd, Hydro Power Plants, Pakistan 12
Korea Midland Power Co Ltd, Biopower Plants, Republic of Korea 13
Korea Midland Power Co Ltd, Thermal Power Plants, Indonesia 14
Major Products and Services 17
Korea Midland Power Co Ltd, SWOT Analysis 21
Korea Midland Power Co Ltd, Key Employees 24
Korea Midland Power Co Ltd, Subsidiaries 27
Korea Midland Power Co Ltd, Deals Summary 28
Korea Midland Power and BS Energy to Invest USD420 Million in Sipborpa Hydro Power Project situated in Jakarta, Indonesia 29
Marubeni, Korea Midland Power, Samtan and Indika Multi Energi to Invest USD2 Billion in Cirebon III Coal Fired Power Plant in West Java, Indonesia 30
Korea Midland Power Acquired 29% Stake In Navanakorn Thermal Power Plant In Thailand For US$16.7 Million 31
Korea Midland Power, Siam Steel Gratings And Toyo-Thai Invests US$9.4 Million In Siam Solar Power Plant Project In Thailand 32
KOMIPO And POSCO To Invest US$1 Billion In Solar Power Plant In Nevada, US 33
Korea Midland Power To Invest US$100 Million In Hydro Power Plant In Dien Bien Province, Vietnam 34
Korea Rural, Korea Midland Power And Gyeonggi Province To Invest US$536m For Solar And Wind Power Plants In Gyeonggi Province, South Korea 35
KEPCO E&C To Form Joint Venture With Korea Midland Power 36
Korea Midland Power Raises USD17.8 Million in Private Placement of Bond Due 2027 37
Korea Midland Power Raises USD62.3 Million in Private Placement of Bond Due 2032 38
Korea Midland Power Raises USD115.7 Million in Private Placement of Bond Due 2037 39
Korea Midland Power Completes Public Offering Of 3.57% Debentures Due 2017 For US$86.3 Million 40
Korea Midland Power Completes Public Offering Of 3.77% Debentures Due 2022 For US$172.7 Million 41
Korea Midland Power Completes Public Offering Of 3.85% Debentures Due 2017 For US$133 Million 42
Korea Midland Power Completes Public Offering Of 3.89% Debentures Due 2019 For US$44.3 Million 43
Korea Midland Power Completes Public Offering Of 4.28% Debentures Due 2015 For US$112.5 Million 44
Korea Midland Power Completes Public Offering Of 4.25% Debentures Due 2016 For US$112.5 Million 45
Korea Midland Power Completes Public Offering Of 4.16% Debentures Due 2015 For US$75 Million 46
Korea Midland Power Completes Public Offering Of 4.07% Debentures Due 2014 For US$137 Million 47
Korea Midland Power Completes Public Offering Of 4.24% Debentures Due 2015 For US$139 Million 48
SunPower Acquires Solar Power Plant in Eldorado Valley, US from KOMIPO America 49
