Zhenia National Electric Company
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Native name | 진국전력공사 |
---|---|
Public | |
Traded as | DESE: ZNEC |
Industry | Electric utility |
Founded | October 26, 1877 |
Founder | Government of Zhenia |
Headquarters | Donggyeong, Zhenia |
Area served | Worldwide, although primarily Zhenia |
Key people | Oseok Yoon (President and CEO) |
Products | Electrical power |
Services | Power generation Electric distribution |
Revenue | $340.18 billion (FY 2019) |
$21.1 billion (2019) | |
$23.1 billion (2019) | |
Total assets | $617.7 billion (2019) |
Owner | Government of Zhenia and Development Bank of Zhenia (60.5% stake) |
Number of employees | 281,388 (2019, including subsidiaries) |
Subsidiaries | Zhenia National Hydro & Nuclear Power |
Website | www.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.