Kazakhstan Promoting Construction of 2 Nuclear Power Plants

Nam Yo-sik (second from left), head of KHNP's growth business division, shakes hands with KNPP CEO Timur Zhantikin after signing an MOU at Lotte Hotel in Seoul on June 28.

Korea Hydro & Nuclear Power (KHNP) agreed with the Kazakhstan Nuclear Power Limited Liability Partnership (KNPP) for cooperation in the construction of new nuclear power plants in Kazakhstan.

The two companies signed an MOU at Lotte Hotel in Seoul on June 28 to cooperate in the development of new nuclear power plants, the application of nuclear technology, human resources development and residents’ acceptance. The MOU signing ceremony was held with the attendance of the KNPP CEO Timur Zhantikin and Kazakhstan Vice Minister of Energy Zhandos Nurmaganbetov, who came to Korea to visit Korean nuclear power plants.

Under the leadership of Kazakhstan President Kassym-Jomart Tokayev, KNPP has been evaluating the possibility of building nuclear power plants in Kazakhstan since September last year. In addition, it is preparing to submit a proposal for the construction of two new 2,800MW nuclear power plants to the president within the third quarter of this year. Construction of the planned nuclear power plants is scheduled to start in 2029 for completion in 2035.

Meanwhile, the Kazakhstan vice minister of energy plans to visit Shin-Kori Units 5 and 6 under construction in Korea on June 29.

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