Korea Electric Power Corporation
Naju, Jeollanam-do Doing business as Kepco
- UEI
- PBXNCUHMQZJ5
- CAGE
- 2W62F
- Primary NAICS
- 221122 Electric Power Distribution
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- Other NAICS codes in SAM.gov
- SAM.gov registration date
- Physical address
- 55 Jeollyeok-ro, Naju, Jeollanam-do, South Korea
- Website
- kepco.co.kr
- Founded
- 1898
- Employees
- 10K-50K
- Estimated annual revenue
- $10B+
- Industry
-
- Utilities
- Electric Utilities
- Energy
- SIC code
- 49 Electric, Gas, & Sanitary Services
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $64,562,580 |
| FY2025 | $79,114,090 |
| FY2024 | $51,777,434 |
| FY2023 | $53,172,911 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of the Army | $59,945,626 | |
| 2 | Air Force | $2,740,469 | |
| 3 | Department of the Navy | $1,876,485 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Korea Electric Power Corporation, doing business as Kepco, a state-owned South Korean national electric utility, operates as a 100% prime contractor supplying electrical power generation, transmission, and distribution exclusively to United States Forces Korea (USFK) installations and forward-deployed naval vessels across South Korea. The company holds sole-source status across all federal awards to the Department of Defense and competes entirely full-and-open; no SBA set-asides apply to Kepco's federal footprint.
Kepco's capability portfolio centers on baseline electrical power provision to Army, Navy, and Air Force facilities; shore power services to naval vessels at pier facilities; and specialized electrical infrastructure support to 15-plus named USFK installations including Camp Humphreys, Osan Air Base, Kunsan Air Base, Camp Carroll, Camp Casey, Chinhae Navy Base, and facilities in Daegu, Busan, Dongduchon, Paju, and Uijungbu. Representative work includes a $38.6 million delivery order from the Department of Defense Pacific Region for electrical power supply to Camp Humphreys running March 1 through October 31, 2026; a $26.7 million delivery order from Pacific Region for Camp Humphreys electrical utility services August 1 through October 31, 2025; a $4.9 million delivery order from the Department of Defense Korean Region for electrical power supply to Camp Casey June 1 through October 31, 2026; and numerous task orders for shore power services to naval vessels (USNS Charles Drew, USNS Sacagawea, USNS Carl Brashear) through the Military Sealift Command, ranging from $50,000 to $700,000 per delivery order.
Customer concentration is extreme and geographic: the top five funding agencies account for 97% of recent awards and track identically across both volume and dollar rankings. The Department of the Army Installation Management Command Pacific Region dominates the footprint with 153 awards totaling $1.38 billion combined potential value, followed by the Department of the Army Installation Management Command Korean Region (86 awards, $166.2 million), the Department of the Air Force Pacific Air Forces (59 awards, $54.1 million), the Department of the Navy Military Sealift Command (30 awards, $4.8 million), and the Department of the Navy Installations Command (12 awards, $4.8 million). All awards carry no set-aside designation and reflect Kepco's status as the sole viable source for electricity distribution to U.S. military installations throughout South Korea.
Kepco sits on three Army indefinite delivery contracts: W91QVN18D0008 with 206 task orders totaling $525.1 million combined potential value, W91QVN13D0045 with 89 task orders and $253.8 million, and DAJB0370D6017 with 41 task orders and $97.8 million. A fourth IDIQ (W91QVN12D0073) carries 12 task orders and $10.4 million. All parent vehicles are Army Installation Management Command indefinite delivery vehicles issued on a full-and-open basis; no GWAC or GSA Schedule participation is present in the footprint.
Activity has grown materially over the trailing five years—from 18 awards in 2022 to a peak of 43 awards in 2025—with recent annualized run-rate at 22 awards (2026 year-to-date). Sixteen awards totaling $50.2 million in combined potential value reach ultimate completion within the next twenty-four months and face recompete exposure. Kepco operates exclusively as a prime contractor with zero subcontract footprint; no teaming relationships or sub-awards appear in the federal portfolio. As South Korea's state-owned national power grid operator and the sole provider of electricity infrastructure capable of serving U.S. military operations on the peninsula, Kepco has maintained a continuous federal contracting relationship with the Department of Defense spanning at least sixteen years, with all awards issued without competitive solicitation reflecting sole-source determination grounded in the company's monopoly position as the incumbent host-nation utility serving the region.
Quick answers
Is Korea Electric Power Corporation registered in SAM.gov?
Yes. Korea Electric Power Corporation's SAM.gov registration is active through January 21, 2027.
How much has Korea Electric Power Corporation received in federal contracts?
Federal contracts obligated $79,114,090 to Korea Electric Power Corporation in fiscal year 2025 and $248,627,015 in fiscal years 2023 through 2027.
How does Korea Electric Power Corporation rank among federal contractors?
Korea Electric Power Corporation ranked #4 in NAICS 22112, #6 in PSC S112 and #8 in NAICS 2211 in FY2025.
What is Korea Electric Power Corporation's most recent federal award?
Korea Electric Power Corporation's most recent federal contract award is FY26 task order electric for daegu_POP: 1 august 2026 to 31 october 2026 $1,700,000.00 (W91QVN26FA544), from RCO Yongsan 411th CSB, on August 1, 2026.
On GovTribe
See Korea Electric Power Corporation's full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors