BUSINESS

KEPCO E&C to take part in international reactor project

By Korea Herald
  • Published : Jun 29, 2016 - 10:40
  • Updated : Jun 29, 2016 - 14:54
[THE INVESTOR] KEPCO E&C is to take part in the International Thermonuclear Experimental Reactor project as part of the MOMENTUM joint venture, the company announced on June 29.

According to KEPCO E&C, the value of the contract is 230 billion won (US$197 million).
International Thermonuclear Experimental Reactor project KEPCO E&C


The JV, led by UK’s Amec Foster Wheeler, has been signed on as a construction management-as-agent, KEPCO E&C said. The JV also includes the French engineering firm Assystem.

As CMA contractor, MOMENTUM will manage and coordinate the assembly and installation of more than 1 million components for the ITER reactor.

The ITER project will see the construction of an experimental tokamak nuclear fusion reactor next to the Cadarache facility in southern France.

By Choi He-suk (cheesuk@heraldcorp.com)