HanmiGlobal, KEPCO team up with UK firm on overseas nuclear projects

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SEOUL, January 12 (AJP) - South Korea's HanmiGlobal said Monday it has signed a strategic alliance agreement with Korea Electric Power Engineering & Construction and U.K.-based project management firm Turner & Townsend to jointly pursue nuclear power projects overseas.

The agreement follows a nuclear cooperation MOU signed last year between HanmiGlobal and KEPCO E&C.

The three companies will build an integrated advisory package covering nuclear plant design, engineering, project management, and cost and schedule control to target the global nuclear market, HanmiGlobal said in a press release.

HanmiGlobal has carried out about 3,200 project management assignments in 66 countries. It recently entered the nuclear sector after winning a project management contract for the life-extension project for Unit 1 at Romania’s Cernavoda nuclear power plant.

KEPCO E&C has designed multiple nuclear plants in South Korea and overseas, including the Hanbit nuclear power plant and the Barakah plant in the United Arab Emirates.

Turner & Townsend, headquartered in the U.K., operates 247 offices in 62 countries and works in project management and quantity surveying. It is handling integrated project management for the U.K.’s new Hinkley Point C nuclear plant and the Sellafield nuclear site, and provides consulting for the U.K. government’s small modular reactor program.

HanmiGlobal said it plans to identify joint opportunities in key markets including Europe, the Middle East and Asia, in partnership with KEPCO E&C and Turner & Townsend.

They also plan to cooperate on data-driven upgrades to nuclear project management using digital twin, BIM and AI technologies, and to expand cooperation across the nuclear life cycle, including large-scale plants, SMRs, decommissioning and radioactive waste disposal facilities.

“By combining the core capabilities of the three companies, we will further strengthen competitiveness in global nuclear projects,” a HanmiGlobal official said.

* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
Kim Yoon-seop 기자 angks678@ajunews.com

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