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Woojin Signs 10.9 Billion KRW Contract with KHNP for Supply of Key Nuclear Instrumentation (ICI)

Woojin has signed a contract worth 10.9 billion KRW with Korea Hydro & Nuclear Power (KHNP) to supply core instrumentation for nuclear power plants. According t

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Woojin Signs 10.9 Billion KRW Contract with KHNP for Supply of Key Nuclear Instrumentation (ICI)
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Woojin has signed a contract worth 10.9 billion KRW with Korea Hydro & Nuclear Power (KHNP) to supply core instrumentation for nuclear power plants.

According to Woojin on the 17th, the total value of the '2027 Second Purchase of In-Core Instrumentation (ICI) for Standard Nuclear Power Plant O/H' contract is 10,932,184,000 KRW. This amount is equivalent to 7.27% of Woojin's consolidated revenue (150,379,282,702 KRW) from the previous year.

The supply targets for this contract are Saeul Unit 1, Hanul Units 2 and 3, and Hanbit Unit 3. The contract period runs from June 17, 2026, to October 12, 2027, with the actual equipment delivery period set from February 28, 2027, to October 12, 2027.

The supplied item, ICI (In-Core Instrument), is a core sensor that measures the amount of nuclear fission inside the reactor.

Additionally, the contract amount is based on figures excluding Value-Added Tax (VAT). Payment will be made within five days of the billing date, and the contract amount and period may be subject to change depending on future project progress.

CBC News Desk
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