■ Vice-Head of Cambodian Power Agency and officials of other SE Asian power agencies visit LSIS as part of LSIS-KOICA
cooperation efforts
■ Delegation shares overview of various countries’ power businesses; shows keen interest in EMS, ESS, HVDC and other
smart energy solutions
■ LSIS expects to play key role in SE Asian countries’ adoption of smart energy business
■ KOICA hopes visit will lead to widespread adoption of South Korea’s excellent energy technology by developing countries.
As demand for energy has been expanding recently in many Asian countries, leading to increased investment in the construction
of energy infrastructure, a delegation of high-ranking officials of power agencies from eight Asian countries visited LSIS to
benchmark its world-class smart energy technologies, as part of an eight-day visit to South Korea from November 23.
On November 25, LSIS announced that fifteen power agency officials, including Cambodian Power Agency Vice Head Hul
Kunnak Vuth, from eight Asian countries, including Myanmar, Vietnam, Laos, Bangladesh, Nepal, and Kazakhstan, participated
in an observation tour of the LS Tower and R&D Campus in Anyang, Gyeonggi-do, and the Cheongju Branch, where they
inspected super-high-pressure electric devices, smart factories and other smart grid solutions, and discussed smart energy
business cooperation with LSIS.
The visit by the delegation is related to the signing of an MOU by LSIS and KOICA last July for the promotion of cooperative efforts
in the energy, power, and water management sectors, with a view to introducing South Korea’s power and energy expertise to
developing countries in Asia and helping to boost their energy capabilities.
The delegation visited KOICA on November 23, where they discussed South Korea’s history of energy development and energy
cooperation strategies for developing countries. They benchmarked LSIS, which possesses world-class smart power
transmission and distribution technologies and energy efficiency enhancement solutions, and is leading the smart energy
market, in a bid to explore new directions for their respective next-generation energy businesses.
Attended by LSIS President Han Jae-hoon, Power Infrastructure Division Head and Senior Vice President Lee Jeong-cheol, and
other major executives, the meeting was held to exchange opinions on key smart businesses, including the
smart-grid-technology-based Microgrid, ESS (Energy Storage System), FEMS (Factory Energy Management System),
BEMS (Building EMS), and photovoltaic solutions.
In particular, the delegation showed great interest not only in GIS (gas insulated switchgear), transformers, high and
low-voltage power devices, and other power solution technologies, but also in LSIS’s green technologies, such as EMS,
ESS (Energy Storage System), and HVDC (High Voltage Direct Current), suggesting that the company’s business in these
areas could enjoy considerable growth in the future.
Cambodia’s Power Agency Vice-Head Hul Kunnak Vuth said, “Southeast Asian countries are currently planning to invest in
stabilizing their power networks in line with their economic growth. LSIS’s power solutions and sophisticated smart
energy technologies will play a great role in helping these countries to build their national power infrastructures.”
LSIS President Han Jai-hoon responded, “LSIS is leading the global smart energy market on the strength of its existing power
solutions and ICT combined smart technologies. The company expects not only to help expand Southeast Asia’s power
infrastructure but also to construct its energy operation systems.”
Meanwhile, after benchmarking LSIS, the delegation will tour the Naju Power Exchange, Daecheong Dam Small
Hydroelectric Power Plant, Hwaseongho Photovoltaic Site, and Yeongdeungpo Substation, among other major
domestic power and energy sites, share South Korea’s economic development experience, and discuss
measures for sustainable development in their respective countries.
KOICA expects this program, which is intended to boost the energy capabilities of developing countries through
the formation of partnerships between public agencies and private-sector corporations, to be successful. “We hope
that South Korea’s excellent technologies will be adopted by developing countries, thereby promoting cooperative
relations between South Korea and developing countries, and contributing to the development of their energy sector.”
Power Offices of Eight Asian Countries Benchmark LSIS’s Smart Energy Business
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