South Korea to construct nuclear plants in Saudi Arabia
The contract is estimated to cost around 63.3 billion South Korean won 205 million Saudi riyals.
In March 2015, KAERI signed an agreement with Saudi Arabia's King Abdullah City for Nuclear and Renewable Energy KA-CARE to assess the potential for building at least two South Korean SMART reactors in that country.
The kingdom has no industrial nuclear power plants, but has big plans for developing nuclear energy.
During the nuclear talks between Iran and P5+1 group of countries - the five permanent members of the UN Security Council plus Germany - in mid-2015, Saudi Arabia signed agreements with France, Russia and South Korea for the construction of nuclear facilities.
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SaskPower to buy more electricity from Manitoba Hydro
REGINA - Saskatchewan's Crown-owned electric utility has made an agreement to buy more hydroelectricty from Manitoba.
A term sheet providing for a new long--term power sale has been signed between Manitoba Hydro and SaskPower which will see up to 215 megawatts flow from Manitoba to Saskatchewan beginning in 2022.
SaskPower has two existing power purchase agreements with Manitoba Hydro that were made in 2015 and 2016, but the newest one announced Monday is the largest.
SaskPower President and CEO Mike Marsh says in a news release that the clean, hydroelectric power represents a significant step forward when it comes to reaching the utility's…
