Bosung Powertec, established in 1970, is a leading South Korean company in the power industry, specializing in key components for power plants, generation plants, circuit breakers, and switchgear. The company has expanded its business from steel structures, heavy electrical equipment, and engineering to new energy sectors, establishing itself as a prominent mid-sized enterprise. It holds particular strengths in manufacturing transmission towers and steel structures for nuclear power plants. Furthermore, Bosung Powertec offers future-oriented energy solutions including smart grids, Energy Storage Systems (ESS), solar power generation, and electric vehicle (EV) chargers.BosungPowertec,establishedin1970,isaleadingSouthKoreancompanyinthepowerindustry,specializinginkeycomponentsforpowerplants,generationplants,circuitbreakers,andswitchgear.Thecompanyhasexpandeditsbusinessfromsteelstructures,heavyelectricalequipment,andengineeringtonewenergysectors,establishingitselfasaprominentmid-sizedenterprise.Itholdsparticularstrengthsinmanufacturingtransmissiontowersandsteelstructuresfornuclearpowerplants.Furthermore,BosungPowertecoffersfuture-orientedenergysolutionsincludingsmartgrids,EnergyStorageSystems(ESS),solarpowergeneration,andelectricvehicle(EV)chargers.
Key Products/TechnologiesKeyProducts/Technologies
The main product categories include various power equipment such as power plant and generation plant components, substation steel frames, transmission and distribution materials, circuit breakers, and switchgear. Prominent products are transmission towers, steel structures for power plants, gas-insulated switchgear, and pole-mounted transformers. The company possesses the capability to produce large transmission towers ranging from 154kV to the highest domestic voltage of 765kV. Additionally, its High Voltage Direct Current (HVDC) steel pipe transmission tower construction technology contributes to enhanced power efficiency.Themainproductcategoriesincludevariouspowerequipmentsuchaspowerplantandgenerationplantcomponents,substationsteelframes,transmissionanddistributionmaterials,circuitbreakers,andswitchgear.Prominentproductsaretransmissiontowers,steelstructuresforpowerplants,gas-insulatedswitchgear,andpole-mountedtransformers.Thecompanypossessesthecapabilitytoproducelargetransmissiontowersrangingfrom154kVtothehighestdomesticvoltageof765kV.Additionally,itsHighVoltageDirectCurrent(HVDC)steelpipetransmissiontowerconstructiontechnologycontributestoenhancedpowerefficiency.
In the new energy business sector, the company manufactures Power Conversion Systems (PCS) for Energy Storage Systems (ESS), EV chargers, and transformer products. It boasts experience in establishing Korea's first wind-linked ESS and the world's largest frequency regulation (FR) ESS. Bosung Powertec provides total solutions for smart grid station construction and possesses in-house design and manufacturing capabilities for core ESS components. The company also engages in continuous R&D in solar power generation and Battery Energy Storage Systems (BESS).Inthenewenergybusinesssector,thecompanymanufacturesPowerConversionSystems(PCS)forEnergyStorageSystems(ESS),EVchargers,andtransformerproducts.ItboastsexperienceinestablishingKorea'sfirstwind-linkedESSandtheworld'slargestfrequencyregulation(FR)ESS.BosungPowertecprovidestotalsolutionsforsmartgridstationconstructionandpossessesin-housedesignandmanufacturingcapabilitiesforcoreESScomponents.ThecompanyalsoengagesincontinuousR&DinsolarpowergenerationandBatteryEnergyStorageSystems(BESS).
Technologically, it applies its proprietary 3D design program to the design of power transmission facility structures. The company holds KEPIC (Korea Electric Power Industry Code) certification for nuclear quality assurance, enabling the production of power and structural components for nuclear power plants. Notably, it is the first domestic company to receive KEPIC seismic class 1 steel structure manufacturing certification. Its '154kV Cable Head Vertical Arrangement Steel Pipe Transmission Tower' received New Electric Power Technology No. 61 certification.Technologically,itappliesitsproprietary3Ddesignprogramtothedesignofpowertransmissionfacilitystructures.ThecompanyholdsKEPIC(KoreaElectricPowerIndustryCode)certificationfornuclearqualityassurance,enablingtheproductionofpowerandstructuralcomponentsfornuclearpowerplants.Notably,itisthefirstdomesticcompanytoreceiveKEPICseismicclass1steelstructuremanufacturingcertification.Its'154kVCableHeadVerticalArrangementSteelPipeTransmissionTower'receivedNewElectricPowerTechnologyNo.61certification.
The company's EV charger technology features modularized power control units arranged in parallel and designed for easy detachment, facilitating superior maintenance and management. It has developed Y-type weather-resistant steel pipe poles, enhancing the functionality of existing I-type weather-resistant steel pipe poles. Furthermore, it holds a patent for 'Battery Cartridge' technology related to battery protection, damage prevention, and extended lifespan for ESS.Thecompany'sEVchargertechnologyfeaturesmodularizedpowercontrolunitsarrangedinparallelanddesignedforeasydetachment,facilitatingsuperiormaintenanceandmanagement.IthasdevelopedY-typeweather-resistantsteelpipepoles,enhancingthefunctionalityofexistingI-typeweather-resistantsteelpipepoles.Furthermore,itholdsapatentfor'BatteryCartridge'technologyrelatedtobatteryprotection,damageprevention,andextendedlifespanforESS.
Core AdvantagesCoreAdvantages
Over 50 years of experience as a leader in the domestic power equipment sector, possessing extensive accumulated technology and expertise. This long history provides a strong foundation for ensuring high reliability across various product lines, including power transmission and distribution facilities, power plant, and substation steel structures.Over50yearsofexperienceasaleaderinthedomesticpowerequipmentsector,possessingextensiveaccumulatedtechnologyandexpertise.Thislonghistoryprovidesastrongfoundationforensuringhighreliabilityacrossvariousproductlines,includingpowertransmissionanddistributionfacilities,powerplant,andsubstationsteelstructures.
Operation of an accredited corporate research institute since 1991, demonstrating strong R&D capabilities. This has led to the acquisition of numerous intellectual property rights, including 13 patents as of December 2020. The company also undertakes national R&D projects related to core new energy technologies and has received new technology certification for its 'Cable Head Vertical Arrangement Steel Pipe Transmission Tower'.Operationofanaccreditedcorporateresearchinstitutesince1991,demonstratingstrongR&Dcapabilities.Thishasledtotheacquisitionofnumerousintellectualpropertyrights,including13patentsasofDecember2020.ThecompanyalsoundertakesnationalR&Dprojectsrelatedtocorenewenergytechnologiesandhasreceivednewtechnologycertificationforits'CableHeadVerticalArrangementSteelPipeTransmissionTower'.
Possession of KEPIC (Nuclear Quality Assurance) certification and seismic class 1 steel structure manufacturing certification for nuclear power plants. This enables participation in major nuclear projects, with a successful track record of supplying steel structures to domestic nuclear power plants such as Shin Kori 3&4, Shin Hanul 1&2, and Shin Kori 5&6. Recent contracts for Shin Hanul 3&4 nuclear power plant steel structures further solidify its position as a specialized nuclear steel structure manufacturer.PossessionofKEPIC(NuclearQualityAssurance)certificationandseismicclass1steelstructuremanufacturingcertificationfornuclearpowerplants.Thisenablesparticipationinmajornuclearprojects,withasuccessfultrackrecordofsupplyingsteelstructurestodomesticnuclearpowerplantssuchasShinKori3&4,ShinHanul1&2,andShinKori5&6.RecentcontractsforShinHanul3&4nuclearpowerplantsteelstructuresfurthersolidifyitspositionasaspecializednuclearsteelstructuremanufacturer.
Ownership of the largest digital 1000kV class tower test facility in the East. This facility is a key competitive advantage for ensuring the safety and reliability of products through heavy load testing and performance verification of large transmission towers. The company's ability to design and manufacture customized steel towers optimized for Korea's mountainous terrain is a significant strength in the domestic market.Ownershipofthelargestdigital1000kVclasstowertestfacilityintheEast.Thisfacilityisakeycompetitiveadvantageforensuringthesafetyandreliabilityofproductsthroughheavyloadtestingandperformanceverificationoflargetransmissiontowers.Thecompany'sabilitytodesignandmanufacturecustomizedsteeltowersoptimizedforKorea'smountainousterrainisasignificantstrengthinthedomesticmarket.
Completion of a factory in Naju as the first Energy Valley company, producing switchgear for distribution facilities, PCS for ESS, EV chargers, and transformers, securing a foundation for future growth. It acts as a key partner in HVDC power grid expansion projects, responding to the increasing power demand driven by the expansion of AI data centers and the acceleration of EV adoption.CompletionofafactoryinNajuasthefirstEnergyValleycompany,producingswitchgearfordistributionfacilities,PCSforESS,EVchargers,andtransformers,securingafoundationforfuturegrowth.ItactsasakeypartnerinHVDCpowergridexpansionprojects,respondingtotheincreasingpowerdemanddrivenbytheexpansionofAIdatacentersandtheaccelerationofEVadoption.
Securing public institutions like Korea Electric Power Corporation (KEPCO) and Korea Hydro & Nuclear Power (KHNP) as major clients, providing a stable business foundation. The company anticipates significant benefits from government policies expanding power grid investments and resuming nuclear power plant construction.SecuringpublicinstitutionslikeKoreaElectricPowerCorporation(KEPCO)andKoreaHydro&NuclearPower(KHNP)asmajorclients,providingastablebusinessfoundation.Thecompanyanticipatessignificantbenefitsfromgovernmentpoliciesexpandingpowergridinvestmentsandresumingnuclearpowerplantconstruction.
Target IndustrieTargetIndustrie
Power Industry: Construction and maintenance of national power infrastructure, including power plants, substations, and transmission/distribution facilities.PowerIndustry:Constructionandmaintenanceofnationalpowerinfrastructure,includingpowerplants,substations,andtransmission/distributionfacilities.
Nuclear Industry: Supply of steel structures and related equipment for nuclear power plants.NuclearIndustry:Supplyofsteelstructuresandrelatedequipmentfornuclearpowerplants.
Renewable Energy Industry: Construction of solar power plants, wind-linked ESS, and Energy Storage Systems (ESS).RenewableEnergyIndustry:Constructionofsolarpowerplants,wind-linkedESS,andEnergyStorageSystems(ESS).
Smart Grid Industry: Development and expansion of smart grid stations and intelligent power grids.SmartGridIndustry:Developmentandexpansionofsmartgridstationsandintelligentpowergrids.
EV Charging Infrastructure Industry: Development and supply of electric vehicle chargers.EVChargingInfrastructureIndustry:Developmentandsupplyofelectricvehiclechargers.
Construction and Plant Industry: Large-scale steel structures and engineering projects.ConstructionandPlantIndustry:Large-scalesteelstructuresandengineeringprojects.
Selected as a 'Prestigious and Long-standing Company' by the Ministry of SMEs and Startups in 2022.Selectedasa'PrestigiousandLong-standingCompany'bytheMinistryofSMEsandStartupsin2022.
CEO awarded the Silver Tower Industrial Medal in 2020 and the Gold Tower Industrial Medal in 2005.CEOawardedtheSilverTowerIndustrialMedalin2020andtheGoldTowerIndustrialMedalin2005.
Received the Presidential Gold Award at the National Quality Technology Group Competition in 1993.ReceivedthePresidentialGoldAwardattheNationalQualityTechnologyGroupCompetitionin1993.
Acquired Construction and Transportation Ministry's factory certification Grade 2 for steel structure manufacturing in 2004.AcquiredConstructionandTransportationMinistry'sfactorycertificationGrade2forsteelstructuremanufacturingin2004.
Obtained Nuclear Quality Assurance (KEPIC) certification from the Korea Electric Power Industry Association in 2006.ObtainedNuclearQualityAssurance(KEPIC)certificationfromtheKoreaElectricPowerIndustryAssociationin2006.
Designated as New Electric Power Technology No. 61 for '154kV Cable Head Vertical Arrangement Steel Pipe Transmission Tower'.DesignatedasNewElectricPowerTechnologyNo.61for'154kVCableHeadVerticalArrangementSteelPipeTransmissionTower'.
Holds multiple patents, with 13 patents as of December 2020. Key patents include 'Cable Head Support Bracket for Protrusion (No. 1002392)', 'Battery Cartridge (No. 2030901)', 'Intelligent Battery Management System (No. 2110043)', and 'Container with Energy Storage System (No. 2212034)'.Holdsmultiplepatents,with13patentsasofDecember2020.Keypatentsinclude'CableHeadSupportBracketforProtrusion(No.1002392)','BatteryCartridge(No.2030901)','IntelligentBatteryManagementSystem(No.2110043)',and'ContainerwithEnergyStorageSystem(No.2212034)'.