[THE INVESTOR] KEPCO E&C is to take part in the International Thermonuclear Experimental Reactor project as part of the MOMENTUM joint venture, the company announced on June 29.
According to KEPCO E&C, the value of the contract is 230 billion won (US$197 million).
The JV, led by UK’s Amec Foster Wheeler, has been signed on as a construction management-as-agent, KEPCO E&C said. The JV also includes the French engineering firm Assystem.
As CMA contractor, MOMENTUM will manage and coordinate the assembly and installation of more than 1 million components for the ITER reactor.
The ITER project will see the construction of an experimental tokamak nuclear fusion reactor next to the Cadarache facility in southern France.
koreaherald@heraldcorp.com
