Shortcut to Body Shortcut to main menu

Investment News

KHNP won contract worth KRW 10 bln...selected as supplier for large equipment for Romania nuclear power plant
Date
2021.08.10

According to Yonhap News,


(SEOUL=Yonhap News) The Korea Hydro & Nuclear Power (KHNP) said on August 4 that it won a bid for 'Start-up Transformer in Cernavoda Nuclear Power Plant' worth about EUR 7 million (about KRW 10 billion), in cooperation with domestic nuclear power plant company Iljin Electric.

It is the first time for KHNP to export large equipment for nuclear power plant.

In this project, the KHNP will be in charge of project management and quality control, while Iljin Electric will be responsible for equipment design and manufacturing.

As a start-up transformer, a main part of power system in the nuclear power plant, requires high-level of maintenance, the KHNP expects continuous needs for supply, such as regular replacement of parts, etc.

Cernavoda Nuclear Power Plant is a power plant in operation in the eastern part of Romania, which is a heavy water reactor type just like Wolsong Nuclear Power Plant in Korea.

KHNP President Chung, Jae-hoon said "It is an example of expanding export channels through win-win cooperation with domestic nuclear power plant company" adding "we will actively support domestic companies to enter overseas markets."

fusionjc@yna.co.kr


Source Text

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.



Source: Yonhap News (August 4, 2021)


** This article was translated from Korean.

Related News

    Meta information

    Services

    Invest KOREA provides services support your investment journey.

    Find Nearby Invest KOREA Offices

    Discover nearby offices for Convenient access in your area

    Go to Overseas Office Site