Korea Hydro and Nuclear Power (KHNP) and Westinghouse have signed a memorandum of understanding (MoU) on bilateral technical cooperation, with the companies hoping their collaboration will boost overseas revenue. Through the MoU, the two companies will jointly develop technology projects worldwide through cooperation based on “the mutual nuclear expertise and capabilities of their respective owners,” KHNP said. Westinghouse, a unit of Japan’s Toshiba, and KHNP, a subsidiary of Korea Electric Power, also agreed to look for ways to enhance the safety of nuclear power reactors and to increase sales revenue by expanding in overseas markets, particularly the U.S., World Nuclear Newsreported.
Kallanish Energy 25th Oct 2016 read more »
World Nuclear News 24th Oct 2016 read more »