KHNP participates in Egypt’s nuclear power plant project, seeking local partnership
Korea Hydro & Nuclear Power (KHNP) will work with local partners in Egypt to participate in the Egyptian EL Dabba nuclear power plant project built by Russia’s JSC ASE.
Chung Jae-hoon, CEO of KHNP, visited Petrojet’s Cairo headquarters on March 16 and signed a cooperation agreement with Petrojet, KHNP said.
Chung Jae-hoon, CEO of KHNP
Under the agreement, KHNP, Korea Electric Power Technology, Hyundai Engineering & Construction and Doosan Heavy Industries & Construction will partner with Egyptian companies based on their nuclear power plant construction experience and business performance.
In particular, it was decided to support the training of local engineers and experts in Egypt and to develop long-term rather than one-off long-term collaborative relationships.
In order to be able to participate in the EL Dabba nuclear power plant project, KHNP has created a basis for participation in the project by promoting the collaboration with Petrojet, a leading local construction company and public company, as it has to meet the localization requirements of the Egyptian government.
Petrojet is one of the leading EPC companies in the Middle East and Africa with diverse experiences and skills in EPC (design, procurement and construction) in plant engineering.
Jung Jae-hoon, President of Korea Hydro & Nuclear Power Co., visits Petrojet headquarters in Cairo, Egypt on March 16 local time to sign a cooperation agreement with Petrojet and take a souvenir photo. With the signing of the agreement, South Korean nuclear power plant companies, including KHNP, began working with local partners to participate in the El Daba nuclear power plant project in Egypt.
(From left) Park In-won, Vice President of EPC BG at Doosan Heavy Industries & Construction, Lee Won-woo, Plant Manager at Hyundai Engineering & Construction, Chung Jae-hoon, CEO of KHNP, Waleed Lotfy Mostafa, President of Petrojet , Ham Ki-Hwang, Head of Management at KEPCO E & C. / Courtesy of KHNP
CEO Chung said, “We will strive to successfully participate in the El Dabba Nuclear Power Plant Project so that domestic nuclear power plant equipment and materials companies can join forces in the Egyptian business and breathe new life into the nuclear power industry.”
The Egyptian nuclear power plant project El Dabba is a project to build four VVER-1200 units after JSC ASE, a subsidiary of the Russian state nuclear power plant Rosatom, received an order from the Egyptian nuclear power authority (NPPA) in 2017.
ASE is expected to place an order for EPC in the secondary sector (turbine buildings, outdoor facilities, etc.) of the project and KHNP is trying to win the order.
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