Message From CEO

Message From CEO

With great pleasure, I would like to inform you all that I have recently joined this company as the new Chief Executive Officer. We have survived several circumstances until this date for the development of this project. We have a clear vision of what we want to be in the Hydro Industry. Through electricity production and supply to the Government of Nepal, we proactively engage in continuous support to Nepal’s economic growth.

We are the proud subsidiary of Korea South East Power Company Limited (KOEN). KOEN is a premier generating company of South Korea and owns 9,175 MW generating capacity which represents 10.7% of total capacity of South Korea.

With the view to help Nepal to overcome its energy crisis, KOEN along with KIND, IFC and Domestic Promoter decided to invest in Nepal. The Government of Nepal has been regularly assisting for the development of hydropower. Environmental, Social and Rural aspects are our priority and therefore, we consider to develop it through development in hydropower.

We began our journey on 2nd April 2012 here in Nepal and have spent the past continuing to build our brand, which has now become synonymous with our commitment. Through our website, you will discover our commitment in which we operate, our work to project and sustain the environment in which we all share, our pioneering technology and innovation to build a better future; and, the financial return we offer to our shareholders and our on-going progress of the project. The project has always been constructed by a team and not by an individual. This is a prestigious project for Nepal and after the successful commissioning of the Project will play an important role in bringing more FDI in the hydro power sector in Nepal.

This website is designed to provide a comprehensive and in-depth review of our company, reflecting the pride we, as NWEDCPL employees, have in our continuing growth and current success. It conveys our sense of mission and vision – to become the preferred world supporter in Hydropower.

Last but not the least, I expect your continuous advice and support that would be beneficial to this project to reach our overall milestone of completing the project within the stipulated time frame.

I am very thankful to all the employees, who have contributed for UT-1 since the beginning, whether at Corporate HeadQuarter, Project Site or at different levels in different capacities for bringing the project to the construction stage.

Thank You,
Tae Hak Yoon
Chief Executive Officer