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Korea's Daewoo E&C Discusses Nuclear Power Project Cooperation with Vietnam's Ministry of Industry and Trade

Daewoo Engineering & Construction (Daewoo E&C) said on August 27 that its Chairman Jung Won-ju met with Le Manh Hung, Minister of Industry and Trade of Vietnam, who was visiting South Korea. The two sides exchanged views on Daewoo E&C's participation in Vietnam's energy infrastructure projects, with topics including nuclear power plant construction and liquefied natural gas (LNG) receiving terminals. The meeting was held on August 26. Jung Won-ju stated that Daewoo E&C has been operating in Vietnam for over 30 years, participating in various types of projects and accumulating local project experience and...

2026-08-27

Hyundai E&C Signs Framework Agreement with TerraPower for Natrium Nuclear Power Plant Project

Hyundai Engineering & Construction announced on the 18th that it has signed a framework agreement with U.S. nuclear energy company TerraPower for the execution of the Natrium next-generation nuclear power plant project. Under the agreement, Hyundai E&C has been granted priority status to serve as the engineering, procurement, and construction (EPC) general contractor for up to eight additional Natrium nuclear units developed by TerraPower. The signing ceremony was attended by senior executives from both companies, including Hyundai E&C CEO Lee Han-woo and TerraPower CEO Chris Levesque. The two parties plan to expand cooperation in the nuclear energy sector and jointly explore new business opportunities...

2026-08-18

The Third Symposium on Economic Operation Analysis of Key Nuclear Power Enterprises in 2026 Convened

On the afternoon of August 11, the Shanghai Nuclear Power Office organized and convened the Third Symposium on Economic Operation Analysis of Key Nuclear Power Enterprises in 2026. Lu Haibin, Director of the Shanghai Nuclear Power Office, attended the meeting, and Zhou Ling, Deputy Director of the Shanghai Nuclear Power Office, presided over the meeting. Heads from 10 entities, including China Nuclear Engineering, Huaneng Nuclear Energy Research Institute, Shanghai Nuclear Engineering Research and Design Institute, State Nuclear Power Operation and Maintenance, State Nuclear Power Automation System Engineering, CGN Digital Technology, East China Electric Power Design Institute, Shanghai Electric Nuclear Power Group, Shanghai Electric Power Station Group, and Jianing New Materials, participated in the discussion. Lu Haibin noted that with the joint efforts of all units within the system, the overall development of the city's nuclear power industry in the first half of the year maintained a sound momentum, with economic operation characterized by "expanded scale and optimized structure." Each unit...

2026-08-12

KEPCO E&C seeks government R&D project for offshore SMR "BANDI"

KEPCO E&C is accelerating the development of its proprietary offshore small modular reactor BANDI. Under relevant plans, the company intends to include BANDI in a government R&D project led by the private sector, leveraging national R&D funding to advance standard design, engineering verification, and subsequent commercialization preparation. It is understood that KEPCO E&C is organizing a government R&D initiative for offshore SMRs, with the company aiming to serve as the lead organization to develop a standard design for offshore SMRs applicable to power generation ships and nuclear-powered vessels. The project is currently in the preliminary planning stage, with plans to submit a project proposal and tender documents early next year, and following review, to secure...

2026-08-06