- Affirms Westinghouse leadership role in providing nuclear equipment and
technology
PITTSBURGH, Aug. 28 /PRNewswire/ -- Westinghouse Electric Company has
signed contracts valued in excess of $300 million to provide components,
instrumentation and control equipment, Man-Machine Interface Systems, and
technical and engineering support services for two new nuclear power plants
to be built in the Republic of Korea.
The Westinghouse contracts are with DOOSAN Heavy Industries and
Construction Company, Ltd., and the Korea Power Engineering Company, Inc.
The two Advanced Pressurized Reactor 1400 (APR 1400) plants - Shin Kori 3 &
4 - will be owned and operated by the Korea Hydro & Nuclear Power Company
(KHNP), a subsidiary of Korea Electric Power Corporation. The role of Korea
Hydro & Nuclear Power Company on the new projects is overall project
management of licensing, procurement and construction, as well as start-up
and plant operations.
At the contract signing ceremony, Jim Fici, senior vice president,
Westinghouse Customer Relations & Sales, said: "We are here today to begin
the next era of the Korean Nuclear Industry. In beginning this APR 1400
design generation, Korea helps the world transition to Generation III
designs and proves Korean design and construction capability."
Commenting on the contracts, Westinghouse President and CEO Steve
Tritch commended the Republic of Korea's leadership in the worldwide
commercial nuclear power industry.
"The Republic of Korea's nuclear energy program is one of the most
forward-looking programs in the world and helps to ensure South Korea's
energy independence," he said. "It also confirms that nuclear power is an
economically competitive and safe energy source."
The contract also solidifies Westinghouse Electric Company's position
as the leading supplier of new plant technology, said Dan Lipman, senior
vice president of Westinghouse Nuclear Power Plants. "We have provided
technology and equipment for 18 nuclear plants in South Korea in support of
South Korea achieving technological self reliance and standardization in
the design of nuclear power plants," he said. "This knowledge base and the
investments we continue to make in new plant designs position us well for
the re-emergence of new plant markets in the U.S. and elsewhere."
The scope of work to be performed by Westinghouse includes supplying
reactor coolant pumps and motors, reactor vessel internals, and control
element drive mechanisms; advanced instrumentation and control systems;
Man- Machine Interfacing Systems; technical support services; and
engineering support services. The contracts will provide work at a number
of Westinghouse locations in the U.S., including:
- Windsor, Connecticut -- project management and engineering
- Newington, New Hampshire -- component manufacturing
- Monroeville, Pennsylvania -- engineering and equipment manufacture
The two plants will be located near Pusan Metropolitan City. Work will
begin almost immediately and will run to 2014.
Westinghouse Electric Company is the world's pioneering nuclear power
company and is a leading supplier of nuclear plant products and
technologies to utilities throughout the world. Today, Westinghouse
technology is the basis for approximately one-half of the world's operating
nuclear plants.
SOURCE Westinghouse Electric Company
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Related links:
http://www.westinghousenuclear.com/
http://www.prnewswire.com/comp/127481.html /
CONTACT:
Scott Shaw, +1-412-374-6737, or
shawsa@Westinghouse.com, or Vaughn Gilbert, +1-412-374-3896, or
gilberhv@westinghouse.com, both of Westinghouse Electric Company
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