S.Korea says wins $20 bln nuclear deal from UAE

SEOUL Dec 27 (Reuters) - South Korea said on Sunday it had won a $20 billion deal from the United Arab Emirates (UAE) to build four nuclear reactors, one of the world's biggest nuclear power contracts.

A South Korean consortium expects to earn another $20 billion by jointly operating the reactors for 60 years.

The figures are in line with what industry sources told Reuters in the UAE earlier on Sunday. [ID:nWEA6761]

The first reactor will be completed in 2017 to produce power and the others will be completed by 2020, the Korean presidential Blue House also said in a statement.

The Korean consortium includes Korea Electric Power Corp. (KEPCO) (015760.KS), Hyundai Engineering and Construction (000720.KS), Samsung C&T Corp (000830.KS) and Doosan Heavy Industries (034020.KS). (Reporting by Cho Mee-young; Editing by Jerry Norton, John Stonestreet)