KEPCO KPS has officially entered into an agreement with Korea Hydro & Nuclear Power Co. (KHNP) to participate in the upgrade of Cernavoda Unit 1, Romania’s only nuclear power plant. The memorandum of agreement, signed on December 30, marks KEPCO KPS’s formal involvement in the 2.8 trillion-won project, with KHNP contributing 1.2 trillion won.
KHNP, leading a consortium that secured the contract with Romania’s Nuclear Power Corporation (CNC), aims to improve the plant’s operational efficiency and safety. KEPCO KPS will handle the replacement of critical reactor pressure tubes and other vital facility upgrades, drawing on its extensive expertise in nuclear maintenance.
The involvement of KEPCO KPS in this project is expected to significantly boost its presence in the global nuclear maintenance market. The company also plans to create a collaborative system that will allow small and medium-sized South Korean nuclear firms to participate, thus strengthening the sector and promoting mutual growth.
Kim Hong-yeon, president of KEPCO KPS, expressed the company’s commitment to advancing nuclear power exports. “We will leverage our world-class nuclear maintenance technology to industrialize nuclear power exports,” he stated. “Our goal is to establish a foundation for a sustainable company that will thrive for the next 100 years.”
The Cernavoda Nuclear Power Plant, located in Constanța County, is a cornerstone of Romania’s energy supply. The plant plays a key role in ensuring energy security and supporting the country’s efforts to transition away from fossil fuels. This facility improvement project is part of Romania’s broader plan to modernize its energy infrastructure and expand the use of renewable and low-carbon energy sources.
