Korea Hydro & Nuclear Power Also Launches 'Nuclear Power Plant Sales' in Poland... Signs MOU with Local Company

KHNP Signs MOU with Polish Nuclear Company to Strengthen Local Cooperation
'Korean Nuclear Night' Event Held in Poland... Accelerating Bidding Process

Jaehoon Jung, President of Korea Hydro & Nuclear Power, is delivering the opening address at the "Korean Nuclear Power and Advanced Industry Night" held on the 30th of last month (local time) at the Sheraton Hotel in Warsaw, Poland. Photo by Korea Hydro & Nuclear Power

[Asia Economy Sejong=Reporter Lee Junhyung] Korea Hydro & Nuclear Power (KHNP) is strengthening local cooperation with Poland's nuclear power company, which is promoting the construction of new nuclear power plants. It is analyzed that KHNP's sales efforts for Polish nuclear power plants are becoming full-fledged.

KHNP announced on the 1st that it signed a business agreement with BAKS, a Polish nuclear power company, at the Sheraton Hotel in Warsaw, Poland, on the 30th of last month (local time). KHNP agreed to jointly participate in Poland's new nuclear power plant projects with BAKS and two other Polish companies and to strengthen local cooperation.

Poland is promoting a nuclear power project worth 40 trillion won. It is a large-scale project to build six nuclear reactors with a capacity of up to 9,000 MW. Earlier, KHNP submitted a business proposal to the Ministry of Climate and Environment, the main department in charge of Poland's nuclear power project, in April. The competition for Poland's nuclear power plant orders is expected to be a three-way race among Korea, the United States, and France. The main bidding will begin next year.

Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy delivered a congratulatory speech at the "Korean Nuclear Power and Advanced Industry Night" held at the Sheraton Hotel in Warsaw, Poland, on the 30th of last month (local time).
[Photo by Ministry of Trade, Industry and Energy]

Meanwhile, the Ministry of Trade, Industry and Energy held the 'Korean Nuclear Power and Advanced Industry Night' event at the Sheraton Hotel in Warsaw on the 30th of last month to support KHNP's nuclear power plant orders. About 300 people, including Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy and officials from Korean and Polish nuclear power companies, attended the event.

Jung Jae-hoon, president of KHNP, said at the event, "Korea is the only country that can build nuclear power plants within the given time and budget," adding, "We have the best competitiveness in all aspects, including technology, economic feasibility, business capabilities, and financing for the construction of new nuclear power plants in Poland."

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