Woojin "Woojin Entec Wins 12.2 Billion KRW Contract for Shin-Kori Units 5 and 6 Commissioning and Maintenance Work"

[Asia Economy Reporter Yoo Hyun-seok] Woojin's subsidiary, Woojin Entec, announced on the 28th that it has won the commissioning maintenance contract for the Shin-Kori Units 5 and 6, which are under construction. The total contract amount is 12.2 billion KRW, with Woojin Entec holding a 60% stake. The service period is from April this year to November 2024.

In December, Woojin Entec also participated in a joint contract for maintenance services of the Hanul Unit 3 power plant's instrumentation and control equipment, worth 26.6 billion KRW, taking a 55% share.

Woojin Entec is a specialized company in power plant instrumentation and control equipment maintenance, with Woojin holding a 66.7% stake as the largest shareholder. It performs maintenance services for nuclear power plants such as Hanbit, Kori, Hanul, and thermal power plants including Yeongheung, Taean, and Shinboryeong.

With the addition of the Shin-Kori nuclear power plant through this contract, the number of nuclear power plants Woojin Entec is responsible for has expanded to a total of four plants and eight units. Shin-Kori Units 5 and 6 resumed construction following the recommendation of the Public Deliberation Committee in 2017, and as of the end of last year, the overall project progress rate was 64.1%. Unit 5 is scheduled to start operation in 2023, and Unit 6 in 2024.

Unlike the Hanbit, Kori, and Hanul nuclear power plants where maintenance services are currently being performed, Shin-Kori is still under construction, so the commissioning work includes performance testing of power generation equipment and instrumentation, as well as mechanical layout. It also includes various tests and commissioning tasks after fuel loading. In the future, with the commercial operation of Shin-Kori Units 5 and 6, the work will transition to routine maintenance services.

A Woojin official stated, “By winning the commissioning maintenance contract for the APR-1400, Korea’s independently developed next-generation nuclear reactor, it is expected that we will be able to participate in export nuclear power plants in the future,” and added, “The participation in commissioning for Shin-Kori Units 5 and 6 provides additional points, making it possible to perform long-term services even after the contract ends.”

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