Korea Hydro & Nuclear Power Wins Feasibility Assessment Contract for Romania Nuclear Power Plant Waste Storage Facility

[Asia Economy Reporter Moon Chaeseok] Korea Hydro & Nuclear Power (KHNP) announced on the 20th that it was selected as the final supplier on the 18th in an international open competitive bidding for the 'Feasibility Assessment Service for Radioactive Waste Storage Facility' at the Cernavod? Nuclear Power Plant, ordered by Romania's Nuclear Power Company (SNN·Societatea Nationala NUCLEARELECTRICA) with a contract value of approximately 1.6 million euros.

According to KHNP, this contract win is a successful case of overseas expansion based purely on domestic technology and experience know-how in the construction and operation of radioactive waste management facilities possessed by KHNP and Korea Electric Power Technology Co., Ltd.

The service project involves proposing the optimal plan for constructing a radioactive waste storage facility within the Cernavod? Nuclear Power Plant site.

The ordering company plans to establish construction requirements for the radioactive waste storage facility based on the service results and issue the construction project in 2021.

KHNP judged that this contract win secured a favorable position for future orders of radioactive waste storage facility construction projects.

Last month’s supply of nuclear instrumentation equipment to Romania’s Nonae and this service contract were achieved following KHNP President Jeong Jae-hoon’s visit to Romania last year.

KHNP explained this as "the result of active contract-winning activities demonstrating domestic nuclear power technology and business capabilities."

The Cernavod? Nuclear Power Plant is a power plant operating in the eastern region of Romania. It is a CANDU-type nuclear power plant, similar to Korea’s Wolsong Nuclear Power Plant.

President Jeong said, "This achievement has laid a solid foundation for winning future orders for equipment improvement projects at the Cernavod? Nuclear Power Plant in Romania, such as the construction of tritium removal facilities," and added, "We will actively strive to enter overseas markets together with more domestic companies."

This content was produced with the assistance of AI translation services.