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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
![[Graphic News] More Koreans say they plan long-distance trips this year](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/17/20240417050828_0.gif&u=)
![[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/18/20240418050645_0.jpg&u=20240419100350)
[THE INVESTOR] Korea Electric Power Corperation has won a contract to operate a nuclear power plant in Barakah, United Arab Emirates.
South Korea’s state-run power provider said that the contract was signed with the Emirates Nuclear Energy Corporation. Under the contract, KEPCO will operate the four APR1400 nuclear reactors in cooperation with ENEC for 60 years. It is estimated to generate revenues of US$49.4 billion for the South Korea firm.
South Korea’s state-run power provider said that the contract was signed with the Emirates Nuclear Energy Corporation. Under the contract, KEPCO will operate the four APR1400 nuclear reactors in cooperation with ENEC for 60 years. It is estimated to generate revenues of US$49.4 billion for the South Korea firm.
The reactors are being built by KEPCO-led consortium. The first reactor is set for completion in 2017, with the fourth reactor due for completion in 2010.
According to KEPCO, ENEC will also sign on KEPCO and its subsidiary KEPCO KPS to send reactor maintenance personnel for 10 years.
By Choi He-suk (cheesuk@heraldcorp.com)
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