Doosan inks $3.9bn nuclear reactor deal with UAE

03 July 2010

Korea Electric Power Corp (Kepco) and power equipment manufacturer Doosan Heavy Industries and Construction have signed a $3.9bn (Dhs14.31bn) agreement to provide a nuclear reactor to the UAE, Gulf News has reported. A Korean consortium led by Kepco won a mega deal worth $18.6bn last December from the Emirates Nuclear Energy Corp to design, build and operate four 1,400-megawatt reactors by 2020 in the UAE. Previous successful bids by Doosan in the UAE include a mega desalination plant order worth $800m.

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