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South Korean firms to bid for Saudi nuclear power plant project

  • 8 years ago (2017-11-01)
  • David Flin
Middle East 358 Nuclear 716

South Korean companies will bid to take part in Saudi Arabia’s project to build nuclear plants, according to an official from Korea Hydro and Nuclear Power (KHNP). Noh Baek-ail, Executive Vice President at KHNP confirmed that South Korean companies will be bidding for the Saudi project.

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Saudi Arabia is considering building 17.6 GW of nuclear-powered electricity generation capacity by 2032, and has sent a request for information (RFI) to international suppliers to build two plants.

A consortium led by Korea Electric Power Corporation (KEPCO) is building four nuclear reactors for the United Arab Emirates.

When asked whether KEPCO would lead a consortium of a Saudi bid, Noh Baek-ail said: “Korean companies will bid as a group.”