South Korea to finish 2 Ukrainian reactorsStaff Writer | September 2, 2016
Korea Hydro & Nuclear Power will help Ukraine complete construction of two nuclear reactors at the Khmelnitsky nuclear power plant (NPP), in west Ukraine
Nuclear power KHNP and Energoatom signed a memorandum of understanding
Russia’s nuclear firm, Atomstroyexport, had a contract to finish construction of the reactors, expected to become operational in 2018 and 2020, respectively. However, in September 2015, the Ukrainian government decided to terminate the agreement with Russia.
Energoatom’s CEO, Yuriy Nedashkovsky, welcomed the cooperation, adding “mutual efforts will be complementary for domestic nuclear technologies development.”
“I strongly believe the Khmelnitsky power units 3 and 4 project will be successfully completed,” given the companies’ extensive nuclear experience and expertise over the past 40 years, said KHNP CEO Seok Cho. ■