December 6, 2017 / 9:54 AM / a year ago

S.Korea's KEPCO picked as preferred bidder for UK nuclear project

SEOUL, Dec 6 (Reuters) - South Korea’s state utility Korea Electric Power Corp (KEPCO) said on Wednesday that it was picked as a preferred bidder for Toshiba’s NuGen nuclear project in Britain.

KEPCO said in a statement the company plans to negotiate with Toshiba over the next few months to buy a stake in the nuclear project and sign a deal in the first half of next year if the negotiation progresses smoothly.

Reporting By Jane Chung; Editing by Tom Hogue

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below