Two South Korean national financial institutions - Korea Trade Insurance Corporation and the Export-Import Bank of Korea - have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.
Corporate 03 May 2023
The supplementary joint venture agreement between NTPC - the country's largest integrated energy company - and government enterprise Nuclear Power Corporation of India Ltd is for the development of six 700 MWe pressurised heavy water reactors across two sites.
Corporate 02 May 2023
Agreements to cooperate on small modular reactors have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol to the USA. Doosan Enerbility and the Export-Import Bank of Korea signed a memorandum of understanding to cooperate with NuScale Power, while SK and Korea Hydro & Nuclear Power have agreed to collaborate with TerraPower.
New Nuclear 26 April 2023