Korean-led consortium to start UAE power plant project in Dec.

SEOUL, Sept. 5 (Yonhap) -- A South Korean-led consortium plans to launch a US$20
billion project in December to build four nuclear reactors in the United Arab
Emirates, the country's state-run power supplier said Sunday.
Last December, the consortium led by state-run Korea Electric Power Corp. (KEPCO)
won the landmark deal, the first international contract for the Asian nation's
nuclear industry.
The first of the 1,400 megawatt reactors in Braka, some 270 kilometers west of
the UAE capital of Abu Dhabi, is to come on line in 2017, with the others
following by 2020, according to the official.
"Both sides have agreed on holding a groundbreaking ceremony within this year,"
said an official at KEPCO. "We will be able to complete construction of the first
reactor by 2017 if there are no major problems."
KEPCO will take on the full scope of works and services, including engineering,
procurement, construction, nuclear fuel, and operations and maintenance support.
It will be assisted by its own subsidiaries and the other consortium members:
Hyundai Engineering & Construction., Samsung C&T Corp., Doosan Heavy and
Engineering Co., Korea Nuclear Fuel, the Korea Hydro & Nuclear Power Co., the
U.S. firm Westinghouse Electric Co., and Japan's Toshiba Corp.
sam@yna.co.kr
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