The Export Path for Major Nuclear Power Core Equipment Opened... KHNP Collaborates with Domestic Partners to Secure Projects
Winning the Romanian Nuclear Power Plant Supply Project, Emerging as a Supplier in the European Operating Nuclear Power Plant O&M Market
[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Yong-woo] The export path for large nuclear power plant equipment from Korea has opened. Korean equipment will be supplied to a Romanian nuclear power plant similar to Wolseong Nuclear Power Plant.
Korea Hydro & Nuclear Power (KHNP) announced on the 4th that it was selected as the final supplier in the international open competitive bidding for the €7 million (approximately 10 billion KRW) 'Cernavod? Nuclear Power Plant Startup Transformer Supply' project, in collaboration with the domestic nuclear power company Iljin Electric.
The equipment purchaser is Romania's National Nuclear Company (Societatea Nationala NUCLEARELECTRICA).
This is the first time KHNP has exported large nuclear power plant equipment. In this project, KHNP is responsible for project management and quality control, while Iljin Electric handles the design and manufacturing of the equipment.
The startup transformer, a key facility used in the nuclear power plant's power system, requires a high level of management, and periodic replacement of auxiliary items is expected, ensuring continuous supply in the future.
With this order, KHNP has established itself as a major supplier for the operation and maintenance (O&M) business of operating nuclear power plants in Europe.
This secures a foothold for entry into subsequent large-scale projects such as Romania's tritium removal facility and radioactive waste storage construction, Slovenia's Kr?ko Unit 1 life extension facility improvement, and new nuclear power plant projects.
Previously, KHNP achieved consecutive business successes in Romania by winning orders for in-core nuclear instrumentation equipment supply last year, radioactive waste storage feasibility evaluation service, and uninterruptible power system voltage stabilizer supply in May this year.
The Cernavod? Nuclear Power Plant operates in the eastern region of Romania and is a heavy water reactor type nuclear power plant, similar to Korea's Wolseong Nuclear Power Plant.
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Jung Jae-hoon, President of KHNP, said, "This is a model of win-win cooperation between KHNP and domestic nuclear companies," and added, "We will actively support domestic nuclear companies' entry into overseas markets as an example of expanding nuclear power plant export routes."
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