Saudi plans to invite bids for nuclear power project in 2020: sources [Reuters]
Korea Electric Power Corporation (KEP)
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home.kepco.co.kr/kepco/en/ntcob/list.do?boardcd=brd_000242&menucd=en03040201
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Source: Reuters
Saudi plans to invite bids for nuclear power project in 2020: sources | Reuters 4 Min Read DUBAI/RIYADH (Reuters) - Saudi Arabia plans to issue a multi-billion-dollar tender in 2020 to construct its first two nuclear power reactors and is discussing the project with U.S. and other potential suppliers, three sources familiar with the plans said. The world’s top oil exporter wants to diversify its energy mix, adding nuclear power so it can free up more crude for export. But the plans are facing Washington’s scrutiny because of potential military uses for the technology. Saudi Arabia, which aims to mine for uranium, says its plans are peaceful. But Crown Prince Mohammed bin Salman said in 2018 the kingdom would develop nuclear arms if Iran did. U.S., Russian, South Korean, Chinese and French firms are in talks with Riyadh to supply reactors, a promising deal for an industry recovering from the 2011 Fukushima nuclear disaster. “Saudi Arabia is continuing to make very deliberate steps forw
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News
- RWE wins exclusive South Korea offshore wind development rights [Seeking Alpha]Seeking Alpha
- UAE Considers Investment in European Nuclear Power Projects [Yahoo! Finance]Yahoo! Finance
- UAE signals interest in European nuclear energy investments, sources say [Reuters]Reuters
- Asia's ammonia co-firing power plant trials [Reuters]Reuters
- Korea Electric Power: Return To Profitability And Dividend Reinstatement Are Potential Catalysts [Seeking Alpha]Seeking Alpha
KEP
Analyst Actions
- 2/26/24 - Citigroup Inc.
KEP
Sec Filings
- 3/26/24 - Form 6-K
- 3/12/24 - Form 6-K/A
- 3/11/24 - Form 6-K
- KEP's page on the SEC website