Doosan in pursuit of $2.8bn nuclear maintenance contract

Doosan Power Systems is in discussions with EDF (Euronext: EDF) over a contract to maintain the French company’s nuclear power fleet in the UK.

The South Korean media are reporting the negotiations are under way as EDF seeks a partner to service its portfolio in Britain. A spokesperson for Doosan told Reuters, "the deal is under discussion but nothing has been finalised."

Nuclear power plant
The contract would extend over 17 years.

South Korea is committed to selling its nuclear technology overseas, despite pressure at home to curb the industry as a result of a scandal involving fake safety certificates for parts at some reactors.

For more nuclear power generation news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...