KEPCO Selected as Preferred Bidder for Nuclear Plant in UK

SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s state-run utility firm Korea Electric Power Corp. was selected as the preferred bidder in a project to build a nuclear power plant in Britain, sources said Wednesday. Toshiba Corp., which has a 60 percent stake in the NuGen consortium in charge of building the nuclear power plant in Cumbria, northwest England, plans to announce soon that KEPCO has become the preferred bidder, according to industry insiders, who wanted to remain anonymous. Still, a KEPCO official said he is [...]