Korea, Ukraine to Jointly Complete Nuclear Power Project

Korea-Ukraine nuclear agreement

Korea Hydro & Nuclear Power Corp. (KHNP) signed a memorandum of understanding with Energoatom to continue construction of two nuclear reactors at a site in Ukraine.

KHNP and Energoatom will jointly form a steering committee to build units 3 and 4 at the Khmelnytsky nuclear plant. Work on units 3 and 4 started in 1985 and 1986, respectively, and was halted in 1990.

KHNP produces about 32 percent of total electricity production in the Republic of Korea, and owns and operates 24 nuclear power units with a total installed capacity of 21,716 MW. KHNP also has six nuclear units under construction and plans to build four more in Korea. Energoatom operates four nuclear plants in Ukraine with a total capacity of 13,835 MW.

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