KEPCO, Alstom Grid set up joint venture
May 21, 2013
Korea Electric Power Corp., South Korea’s state-run power company, said Tuesday that it will establish a joint venture with Alstom Grid, a French electric power transmission equipment maker, to conduct a high-end electric power transmission project in South Korea. The joint venture, named “KEPCO Alstom Power Electronics Systems,” will focus on the establishment of a high-voltage, direct current electric power transmission system in the country, which uses direct current for the bulk transmission