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KEMCO signs energy agreement with Peru

KEMCO signs energy agreement with Peru

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Published : 2013-12-08 19:03
Updated : 2013-12-11 10:10

KEMCO CEO Byun Jong-rip (right) shakes hands with Quintanilla Acosta, deputy energy minister of Peru’s Ministry of Energy and Mines, after signing an MOU on an energy efficiency partnership in Lima, Peru, Saturday. (KEMCO)
The state-run Korea Energy Management Corp. will step up cooperation with Peru, as it signed a memorandum of understanding with Peru’s Ministry of Energy and Mines on partnership for energy efficiency in Lima on Saturday, the company said.

Based on the MOU, KEMCO will help Peru strengthen its energy efficiency capabilities, while helping Korean companies to develop projects in the Peruvian energy market.

“KEMCO gained a foothold in South America with its partnership with Peru,” KEMCO CEO Byun Jong-rip said, adding that the company would further develop energy efficiency projects with other South American countries.

Since its establishment in 1980, KEMCO has advanced its capacity in such areas as energy efficiency and energy demand management systems. It works to accelerate the industrial integration of the energy sector and information and communication technologies.

By Seo Jee-yeon (jyseo@heraldcorp.com)

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