KHNP CEO Honored with NWA Award

three other co-winners in recognition of their contribution to the development of the Korean nuclear Power industry

Korea Hydro & Nuclear Power Co. (KHNP) President & CEO Kim Jong-shin and three others were jointly presented with the World Nuclear Association (WNA) Awards in recognition of their contribution to the peaceful use and proliferation of nuclear power in the 50-years of Korean nuclear power. The other three award recipients are Seoul National University emeritus professor Kang Chang-soon; Korea Atomic Energy Research Institute President Yang Myung-seung; and Korea Scientists & Engineers Mutual-aid Association President Cho Chung-won, who is the ex-director general of atomic affairs at the Ministry of Science and Technology. The award ceremony was held at the 34th World Nuclear Association Annual Symposium at Central Hall in Westminster, London, from Sept. 9-11. The WNA Awards are given to individuals and organizations found to have contributed to the peaceful use and development of nuclear technology each year.
International Atomic Energy Agency (IAEA) Secretary General Mohammad elBaradei was one of the joint winners of the 2007 WNA Award. The WNA, established in 2001, is a non-profit organization designed to promote the peaceful use and development of nuclear power. nw

KHNP Signs MOU with Cambodia for Hydro Power Cooperation
Korea Hydro & Nuclear Power Co., Ltd. signed an MOU with the Cambodian Ministry of Industry, Mines and Energy (MIME) for hydro power development in Phnom Penh, joining the construction of 7,252MW hydro power plants in 28 areas near the Mekong River.
The government of Cambodia, a country with abundant hydro resources, invited KHNP president and CEO Kim Jong-shin specifically for this MOU. With the MOU, KHNP plans to push ahead with mutual cooperation activities, including technical support to develop Cambodia’s hydro power business.
KHNP has been making efforts to secure both overseas and domestic hydro power projects, and successfully entered the Southeast Asian hydro power market when it received an order for Nepal’s 50 million dollar Chamelia hydropower project last April. Through this MOU with the Cambodian government, the company will gain an advantageous position for early occupation of the Cambodian hydro power market.
In the meantime, Cambodia is in urgent need of electric power generation, as it has difficulty even running factories due to frequent blackouts, with the country’s diffusion rate of electricity being only approximately 18 percent. With the recent rising demand for electricity due to Cambodia’s 8 percent annual economic growth rate, the country is pursuing the construction of large-scale hydro power plants around the Mekong River. nw

KHNP CEO Kim Jong-shin, Seoul National University Professor-emeritus Kang Chang-soon, KAERI President Yang Myung-seung and SEMA President Cho Chung-won, co-winners of the World Nuclear Association (WNA), pose together after they received the awards at Central Hall in Westminster, London on Sept. 10.

KHNP signed an MOU with Cambodia for hydro power development in Phnom Penh.