Tender open for two nuclear reactors in S. Korea

South Korea Nuclear Plant Accident

Companies are vying to build two nuclear reactors at a power plant in South Korea for $1.29 billion.
Korea Hydro & Nuclear Power opened a tender for the construction of units 5 and 6 at the Shin-Kori nuclear plant, according to Korea Herald. Many companies have shown an interest in the bid, while Hyundai E&C, Daewoo E&C, Samsung C&T, Doosan Heavy Industrial and others are looking to form consortiums.
Under a new bidding system, each bidder’s technical capability will count for 80 percent of the evaluation, while the big price will be the remaining 20 percent, the article said.
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