KEPCO eyes share of India's renewable energy pie

It will focus on energy storage devices and smart grids.

KEPCO is making inroads into India’s vast renewable energy market through a new cooperation agreement with the state-run Power Grid Corporation of India (PGCIL).

Through a mutual cooperation system, KEPCO and PGCIL will jointly explore new projects involving energy storage devices, smart grids, and electric vehicle (EV) charging systems.

In addition, KEPCO will also roll out an advanced remote meter reading technology to reduce power loss in the country, which can exceed 25% in some areas.

The Power Grid Corporation is an Indian state-owned electric utilities company that transmits about half of the total power generated in the nation on its transmission network.

KEPCO, represented by president & CEO Kim Jong-gab, signed an agreement with PGCIL in India to participate in the "Korea-India Business Forum" on 10 July.