Latest news with #KoreaHydroNuclearPower
Bloomberg
6 hours ago
- Business
- Bloomberg
South Korea Orders Review on Westinghouse Nuclear Power Deal
South Korea will review an agreement with Westinghouse Electric Co. to resolve a nuclear power intellectual property dispute after local media reported the deal's potentially unfavorable terms. State-owned Korea Hydro & Nuclear Power agreed to pay $825 million to Westinghouse every time it exports one nuclear reactor, for the purchase of services and goods and the use of technology, Seoul Economic Daily reported, citing a contract seen by the daily newspaper. Nuclear-related stocks in Seoul tumbled on the report on Tuesday.
Bloomberg
14-06-2025
- Business
- Bloomberg
Russia, China to Lead Construction of Two Kazakh Nuclear Plants
By and Nariman Gizitdinov Updated on Save Kazakhstan has selected Russia's Rosatom to lead a consortium for the construction of its first nuclear power plant. The China National Nuclear Corp. expected to be lead a group to build a second atomic facility. The Russian proposal emerged as the most competitive among contenders that included the Chinese company as well as Électricité de France and Korea Hydro & Nuclear Power, Kazakhstan's nuclear power agency said in a press release.
