Creating Shared Value
The first global KOEN volunteers from Korea South-East Power Co. (KOSEP) and employees from MIRA Power Limited, a subsidiary of KOSEP which is currently building a hydroelectric power plant in Pakistan, had involved in making corporate shared value (CSV) activities in Kotli, a district in northwestern Pakistan, for three days from Apr. 25 to 27
A total of 43 volunteers, including 31 employees sent from Korea and 12 employees working in the region, worked together with Pakistan’s non-governmental organization, Society for International Education, to construct physical training facilities, renovate school facilities and install solar powered LED at a public high school for boys in Barali, Kotli. They also delivered scholarships and introduced Korean culture to students.
KOSEP is currently building a 102-MW hydroelectric plant in Gulpur near Kotli. This project is paving the way for Korean companies to win more orders in the Southwestern power market based on the expertise in power plant construction and operation through the cooperation between state-owned power company and private construction companies. Also, Gulpur Hydroelectric Power project received the excellent project award in the hydroelectric power sector at the APEI Forum sponsored by IJ Global, one of the world’s leading financial journal, in March, winning recognition of its excellence in the international financial industry.
In a bid to seek new and more markets in Southwest Asia, which is the wasteland of global power projects, KOSEP’s executives, including CEO Heo Yup, have been visiting the site in person to donate scholarships and deliver 1,000 uniforms, continuously involving in CSV activities.