[lbo-talk] S.Korea to invest $6.14 bln in 2 nuclear plants

uvj at vsnl.com uvj at vsnl.com
Tue Sep 18 17:54:54 PDT 2007

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Reuters.com

S.Korea to invest $6.14 bln in 2 nuclear plants http://www.reuters.com/article/worldNews/idUSSEO8942020070912

Wed Sep 12, 2007

SEOUL (Reuters) - South Korea will invest 5.73 trillion won ($6.14 billion) to build two nuclear plants of 1.4 million kilowatts each by 2013-2014, Seoul's energy ministry said on Wednesday.

The plants will cut the use of fuel oil used for power generation by 4.2 million tones annually.

This is equivalent to saving 2.84 billion won per day on fuel oil, the ministry added.

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