Nuclear Power Help

Kim In-sik (left), head of the overseas business division at KHNP, shakes hands with CNNO Vice President Wang Chie Won after signing an MOU.
Kim In-sik (left), head of the overseas business division at KHNP, shakes hands with CNNO Vice President Wang Chie Won after signing an MOU.

 

Korea Hydro & Nuclear Power (KHNP) announced that it has signed a memorandum of understanding (MOU) with China National Nuclear Operation Company (CNNO), which operates Qinshan Nuclear Power Plant in Zhejiang Province, on Sept. 8 to provide additional technical support for the operation.

KHNP has won service contracts worth US$5 million (5.99 billion won) to date after signing the MOU in 2003 to provide technical support for two heavy-water reactors of Qinshan Nuclear Power Plant. Also, the state-run firm has been maintaining a technical tie-up, including the direct exchange of more than 200 workers.

Under the agreement this time, the range of collaboration will significantly expand.

In addition to two heavy-water reactors of Qinshan Nuclear Power Plant, the supporting range has expanded to seven light-water reactors of the plant, and even to its business sector.

Meanwhile, Qinshan Nuclear Power Plant is China's first commercial nuclear power station that started a test run in 1991. It has 9 nuclear reactors, accounting for more than 30 percent of the 26 total reactors in China. The power plant has become a role model of China’s new nuclear reactors to be built in the future.

Copyright © BusinessKorea. Prohibited from unauthorized reproduction and redistribution