The state-run Korea Electric Power Corp. (KEPCO) said Thursday it has held a nuclear energy roadshow in Saudi Arabia to boost its chances of winning a nuclear project in the Middle Eastern nation. KEPCO said it has held nuclear energy forums, business meetings and exhibitions in Riyadh, Saudi Arabia’s capital, and Dammam on the Arabian Gulf on Wednesday and Thursday. During the event, senior officials from KEPCO and Korean construction companies promoted the APR1400, an advanced pressurized water nuclear reactor with a capacity of 1,400 megawatts designed with local technology. In July, KEPCO was shortlisted to bid for Saudi’s first nuclear project, along with rivals from the United States, France, Russia and China. The lucrative deal is the second chance for South Korea to tap into the Middle East market, following a US$20 billion contract with the UAE in 2009.
Yonhap News 18th Oct 2018 read more »