31 in Kyiv, NNEGC "Energoatom" and the
company Korea Hydro & Nuclear Power (KHNP) signed a memorandum of
understanding to expand cooperation in the nuclear energy sector, which will
promote the interests of sustainable social and economic development of Ukraine
and the Republic of Korea.
areas of cooperation will be completion of units # 3 and 4 on Khmelnitsky NPP
and the project "Energy bridge Ukraine - European
Memorandum of Understanding has been signed by the President of Energoatom Mr. Yuriy Nedashkovsky and the President and CEO of KHNP Dr. Seok Cho.
"Energoatom welcomes the start of cooperation with a leading
global company – Korea Hydro & Nuclear Power. We believe that our mutual
efforts will be a complementary momentum for domestic nuclear technologies
development", said President of Еnergoatom Mr. Yuriy Nedashkovsky.
purpose of the Memorandum execution, during the meeting companies agreed to
create the Steering Committee, which would include two co-chairmen (one
representative from each side) and members of the Committee. Members of the
Steering Committee will coordinate all cooperation under this Memorandum and
develop cooperation based on relevant commercial agreements (or series of
"I strongly believe that Khmelnitsky
power units #3 and #4 project will be successfully completed when Energoatom and KHNP work together with a shared goal, given
that both companies have accumulated extensive experience and expertise through
the continuous construction and operation of nuclear power plants over the past
40 years", said the President and CEO of KHNP Dr. Seok
memorandum stated that Ukraine and the Republic of Korea are the member
countries of the International Atomic Energy Agency (IAEA) and the parties of
the Treaty on the Non-Proliferation of Nuclear Weapons and that they adhere to
their commitments of non-proliferation. Partners believe that their cooperation
in the peaceful use of nuclear energy will contribute to sustainable social and
economic development of Ukraine and the Republic of Korea.
& Nuclear Power Co., Ltd. (KHNP) is the state-owned nuclear power company,
which produces about 32% of total electricity production in the Republic of
Korea. It is headquartered in the city of Gyeongju.
KHNP is the owner and operator of 24 nuclear power units with total installed
capacity of 21,716 MW. In addition, KHNP has 6 nuclear power units under construction
and is planning to build additional 4 units in Korea.
Enterprise National Nuclear Energy Generating Company "Energoatom"
operates four acting nuclear power plants in Ukraine (Zaporizhzhya,
Rivne, South Ukraine and Khmelnitsky). 15 nuclear
reactors, including 13 VVER-1000 and two - VVER-440, with a total capacity of
13 thousand 835 MW function at four Ukrainian nuclear power plants.