The KEPCO Research Institute has developed Molten Carbonate Fuel Cell(MCFC) since 1993. Recently, an 125-kW MCFC system was operated at Boryeong thermal power plant, Korea from December, 2009 to March, 2010, This system is composed of an 125-kW stack, mechanical balance of plant (MBOP), and Power Conditioning System. The stack has 200 unit cells of which effective area is 10,000 cm2. Especially, MBOP is mainly made up of ejector and catalytic combustor which help this system to be supplied with cathode inlet gas using anode tail gas and fresh air. After the pretreatment of this system was performed for about 20 days, initial load operation was performed at January. 2010. Moreover, this system had been operated for 3,270 hours.