Eskom has signed a Memorandum of Understanding (MoU) with Korea Plant Service & Engineering Co. to establish a strategic partnership focused on non-commercial research, technical consulting, and innovation. This agreement sets a framework for collaboration aimed at enhancing Eskom’s operational performance and supporting its long-term sustainability goals.
Under the MoU, the two organizations will cooperate across six key areas:
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Strategic cooperation and information exchange on critical spare parts replenishment, including remanufacturing, reproducing, repairing, or retrofitting obsolete components.
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Identification and implementation of research projects supporting asset development, plant performance improvements, and asset management.
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Digitalization initiatives, such as artificial intelligence, IoT, and data analytics, to modernize and develop an intelligent power grid.
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Energy transition and green R&D, focusing on socioeconomics, water generation, circular economy, and climate change mitigation.
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Human resources development, including skills transfer, employee exchange programs, workshops, and shared studies.
“Eskom is a research-driven, people-centred, and technology-focused organisation. Our collaboration with KEPCO KPS across key strategic areas reinforces our commitment to continuous business improvement and long-term sustainability,” said Eskom Group Chief Executive, Dan Marokane.
“As we advance the recovery of our operations and work to strengthen long-term performance for the benefit of South Africans, businesses, and the broader economy, we are proud to partner with global institutions like KEPCO KPS. By combining our expertise and embracing international best practices in engineering and maintenance, we aim to accelerate innovation and build a more resilient, sustainable energy future for South Africa,” concluded Marokane.
“With this MoU as an opportunity, the two companies plan to expand technological exchanges and contribute to improving the performance of aging power plants in South Africa based on KPS’ world-class technological capabilities,” said KEPCO KPS Chief Executive Officer, Jungnam Lee.
