Discover the latest news from
Poongsan Electric and connect with us.

NOTICE ISO 9001 / ISO 45001 / ISO 14001 Certified

NEWS Poongsan Electric Selected for POSCO's Customer Appreciation Food Truck Event

Poongsan Electric was selected to participate in POSCO's Customer Appreciation Food Truck Event, held on June 17, 2026. The event was organized by POSCO to express appreciation to its customers and business partners for their continued partnership and support. During the event, Poongsan Electric employees enjoyed complimentary refreshments, including coffee, tea, and freshly baked pastries provided through POSCO's customer appreciation program. The event reflects the long-standing partnership between POSCO and Poongsan Electric and reinforces their shared commitment to continued collaboration.

NEWS Poongsan Electric Recognized as a 2023 Exemplary Taxpayer by Gyeonggi Province

Poongsan Electric has been recognized as a 2023 Exemplary Taxpayer by Gyeonggi Province in recognition of its responsible tax practices and commitment to corporate integrity. The designation is awarded to companies that consistently fulfill their tax obligations while contributing to regional economic development. This recognition reflects Poongsan Electric's dedication to ethical business practices, financial transparency, and responsible corporate management. Poongsan Electric will continue to uphold these values while delivering reliable transformer solutions to customers worldwide.

NEWS 48-Year KEPCO Partner, Poongsan Electric Featured by Korea Electric Times for Transformer Testing Excellence

Poongsan Electric, a transformer manufacturer with a 48-year partnership with KEPCO, was recently featured by Korea Electric Times, one of South Korea's leading publications covering the electric power industry. The article highlighted the company's comprehensive transformer testing process and its commitment to delivering reliable, high-quality products for the power distribution network. Before being installed in KEPCO's power distribution network, transformers supplied to the utility must successfully pass rigorous inspections conducted in cooperation with KEPCO's Power Equipment Testing Center. These evaluations verify that each unit meets strict utility standards for electrical performance, operational safety, and product reliability. The feature provided an inside look at several critical testing procedures conducted in cooperation with KEPCO inspectors. Among the most important are the Induced Voltage Withstand Test, which verifies insulation integrity by applying voltages significantly higher than normal operating conditions, and the Temperature Rise Test, which confirms that the transformer can operate continuously under load without excessive heating. Together, these tests ensure reliable performance throughout the product's service life. The article also emphasized Poongsan Electric's approach to quality management. Beyond complying with KEPCO's inspection requirements, the company applies additional internal quality control standards throughout the manufacturing process to further enhance product consistency and minimize the possibility of field failures after installation. For nearly five decades, Poongsan Electric has built its reputation on rigorous testing, strict quality control, and dependable manufacturing. Source: Korea Electric Times (January 2025)

NEWS ISO 45001 / KS Q ISO 45001 certificate acquired

NEWS 2020-2023 KEPCO has evaluated PEC’s pad mounted transformer as the best grade.

2020-2023 KEPCO has evaluated PEC’s pad mounted transformer as the best grade.

NEWS Research and Development on an AMI meter called AMIGO

Research and Development on an AMI meter called AMIGO

NEWS KEPCO has awarded Poongsan Electric Co. Ltd. for 300kVA pad mounted transformers for the year of 2023.

KEPCO has awarded Poongsan Electric Co. Ltd. for 300kVA pad mounted transformers for the year of 2023.

NEWS The Commendation of Minister of SME was awarded to president of Poongsan Electric Co. Ltd. on February 2019.

Electricity unions 'all-in' to enact durable power equipment legislation.57th regular general meeting was held to discuss resolution Appointment of the chairman at the extraordinary general meeting on March 27. The Korea Electric Industry Cooperative (Chairman Kwak Ki-young with the Electricity Union) will step up efforts to enact durable legislation of power equipment such as distribution boards announced last year. If the related legislation is revised, a new market worth about 1 trillion won is expected to open.On February 21, the Korea Electricity Association held the 57th regular general meeting in the auditorium on the fifth floor of the Korea Electricity Association. More than 100 industry officials attended the meeting. Kwak Ki-young, chairman of the Korea Electricity Association, said, "For the Korean electricity industry, which has been in a slump since the contract system for the number of organizations, the durable legislation of power equipment such as distribution boards will be a priming water to seek a new leap forward." "We will expand Multiple Award Schedule (MAS) fr|om current distribution boards to solar power generation devices and energy storage devices," he said. "We will strive to further register and activate orders for excellent distribution boards." "We will open related curriculums to train distribution board design and estimation personnel and improve job skills that member companies are struggling with," he said. "We will try to ensure that the electricity union is registered as a eligible energy storage union." On the same day, the Korea Electricity Association decided on ▲ 2018 settlement of accounts and retained earnings (proposal) ▲ 2019 business plan and balance budget (proposal) ▲ dividend disposition (proposal) ▲ amendment of articles of association ▲ the number of annual recommendations and contract limit (proposal). At the regular general meeting, commendations were also made for those of merit. The Minister of Trade, Industry and Energy's commendation was received by Shin Sang-kyun, CEO of Dong-A Electric Co., and Lee Kyung-soo, CEO of NP Industrial Electric Co., Ltd. The commendation fr|om the Minister of SMEs and Startups was received by Yoon Ki-hyung, CEO of 2Zis System, and Hong Dae-hee, CEO of Pungsan Electric Co. LTD.. In addition, commendations fr|om the head of the Public Procurement Service, commendations fr|om KEPCO's president, commendations fr|om the head of the Korea Federation of Small and Medium Business, and commendations fr|om the chairman of the Korea Electricity Meanwhile, an extraordinary general meeting of the electrical association will be held at the Grand Ballroom of the 63 Building Convention Center at 3 p.m. on March 27. At the meeting, the 25th chairman of the Korea Electricity Association and executives will be appointed by the members' votes.

NEWS KEPCO awarded G-Type Meter to Poongsan Electric Co. Ltd. on October 2018.

Power meter bidding union system collapses...A signal of infinite competition? Seochang Telecommunications Co., Ltd. swept up Ea-type regional restricted quantity.Nuri Telecom, G-type monopolization...First annual unit price business orderDongwoo Electro-Mechanics, Shinseong Industrial Complex, and Moim Stone's new companies are making strides. The annual unit price bidding for KEPCO's electricity meter, which took place on the 24th, was held for the first time after the union system collapsed. The photo has nothing to do with the specific facts of the article. This year's electricity meter bidding union system collapsed for the first time in all items. In particular, for the first time since KEPCO's annual unit price bid was implemented in 2016, the union system was broken for the residential (Ea-type) electronic wattmeter. The electric power meter for shopping malls and factories (G-type)’s union bidding system had already collapsed last year, and this year was also held in an individual competition method.According to KEPCO, the priority bidder for the annual unit price bid of the electronic wattmeter worth a total of 106.8 billion won (1.84 million units) was decided on the 24th. Unless there is a problem with the bidding qualification, the priority negotiator is expected to win the project. ◆ Seochang Telecommunications Ea Type was swept away, but the 'curse of the winner' was swept away.As for the Ea (Advanced-E) type (1.4 million units), which attracted attention with the largest volume of business, Seochang Telecommunications secured the first place in both general and regional restrictions.It has won a total of 336,000 orders (estimated price of 5.6 billion won) and has regained its status as a manufacturer of electricity meters.It cannot just be good news. As the union system collapsed for the first time this year, the winning bid price of Ea Type also halved compared to last year. This is why there are concerns that it may fall into a "winner's curse" due to intense competition.Some observers say that the union system may no longer have a place to stand as even the Ea type is carried out in an individual competition manner. As the number of new companies is expected to increase further, industry experts say that bidding for a wattmeter is likely to reach infinite price competition in the future. A total of 41 companies participated in Ea-type general units (112 million units) competition and followings were selected as the priority bidders: ▲DISIS (4170 won, 56,000 units, including VAT) ▲ Seochang Telecommunications (24,970 won, 224,000 units) ▲ Powerpluscom (25,091, 224,000 units) ▲ SGEM (25,816 won, 224,000 units) ▲ Shinsung Electric Power Company (225,000 won) ▲ Dongwoo Electric Power Company (26,235 won, 168,000 units). The notable companies are DISIS, SGEM, Shinsung, and Dongwoo Electric, all of which entered the industry for the first time. According to industries on the 25th, DISIS spent 4,170 won, less than half of its original cost, but the industry believes that it did not put the last digit '0'. DISIS applied for the contract waiver to KEPCO on the 26th, but the cancellation of the contract was not clear until on the 29th. KEPCO said they will decide whether to cancel the contract or not after review. ◆Nuri Telecom monopolizes G-type with its subsidiaries...First annual unit price business order The winner of the G-type bid is Nuri Telecom. Nuri Telecom won the first and second place alongside its subsidiary, Moim Stone, raising the possibility of winning the business for the first time in bidding held in an individual competition method. G-type also has a lower winning bid than last year, raising concerns about side effects fr|om overheated competition. ▲ Poongsan Electric Co. LTD.(32,890 won, 19,200 units) ▲ Shinhan Jungmil (38,335 won, 5,000 units) ▲ Sundo Electric (45,990 won, 7,800 units) were selected as priority bidders with single phase competition (32,000 units). In the case of G-type regional restrictions, Fiestech (41,712 won, 32,000 units), Moim Stone (41,800 won, 32,000 units), and Nuri Telecom (42,350 won, 16,000 units) won the bid.In the case of the single phase, Wizit Energy (39,900 won, 2,400 units), P&C Tech (49,900 won, 3,000 units), and Cheonilgyejeon (41,030 won, 2,600 units) won the bidding.