Zhenia National Electric Company

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Zhenia National Electric Company
Native name
진국전력공사
Public
Traded asDESE: ZNEC
IndustryElectric utility
FoundedOctober 26, 1877; 147 years ago (1877-10-26)
FounderGovernment of Zhenia
HeadquartersDonggyeong, Zhenia
Area served
Worldwide, although primarily Zhenia
Key people
Oseok Yoon (President and CEO)
ProductsElectrical power
ServicesPower generation
Electric distribution
RevenueIncrease $340.18 billion (FY 2019)
Increase $21.1 billion (2019)
Increase $23.1 billion (2019)
Total assetsDecrease $617.7 billion (2019)
OwnerGovernment of Zhenia and Development Bank of Zhenia (60.5% stake)
Number of employees
281,388 (2019, including subsidiaries)
SubsidiariesZhenia National Hydro & Nuclear Power
Websitewww.znec.zhen

The Zhenia National Electric Company (Zhenian: 진국전력공사), often referred to as ZNEC for its acronym, is a public electric utility company in Zhenia, in charge of generation, transmission and distribution of electricity around the nation. As the nation's largest energy provider, it is responsible for over 90% of the nation's electricity generation and operation of the national grid, although the latter often happens in cooperation with the Ministry of Infrastructure.

History

Subsidiaries

Operations

Smart Grid

See Also