Top 10 Power Plant Owners in Asia (excl. India and China) by Capacity

Korea Electric Power Corp, PT PLN (Persero), China Resources Power Holdings Co Ltd, Taiwan Power Co Ltd, and The Kansai Electric Power Co Inc are the top 5 power plant owners in Asia (excl. India and China) by capacity as of March 31, 2022. Cumulatively, the top 10 power plant owners in Asia (excl. India and China) had an active capacity of 346,053 MW as of March 31, 2022. In active capacity, the top was the Korea Electric Power Corp (92,401 MW) followed by PT PLN (Persero) (46,172 MW), and China Resources Power Holdings Co Ltd (39,565 MW), while the lowest capacity was registered by Vietnam Electricity (18,110 MW). In terms of the geographic split, 3 out of 8 of Asia’s top power plant owners are based in Hong Kong and 3 plant owners are based in Japan, while the remaining are based in South Korea, Indonesia, Taiwan, and Vietnam. 8 out of the top 10 companies employed a total of 200,913 people in 2021. South Korea-based Korea Electric Power Corp with an active capacity of 92,401MW is the leading power plant owner in Asia (excl. India and China) by capacity. The company reported revenues of $1,42,869 million for the fiscal year ended December 2021 (FY2021), an increase of 6.57% over FY2020 as the company invests in the construction of generation plants and other facilities, renewable energy, and new energy industry projects; and maintains existing generation units and expands its transmission and distribution systems. The company is an integrated electric utility. It operates its business through five segments: Transmission and Distribution, Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, Electric Power Generation (Nuclear) and Others. The company is headquartered in Naju-si, Jeollanam-do, South Korea and it had 126 subsidiaries by the end of FY2020 and employed 46,377 people in FY2021. Indonesia-based PT PLN (Persero) is another leading power plant owner in Asia (excl. India and China) by capacity. PT PLN (Persero) (PLN) has a presence in the energy value chain, from power generation and construction of power plants to transmission, distribution, and retail sales of electricity. Through power purchase agreements and energy sales contracts, the company sources electricity from independent power producers. It is the sole provider of transmission and distribution services in Indonesia. PT PLN (Persero) employed a total of 54,129 people in 2021.