GeneralMedium•29 October 2026•
1 min read
KHNP to Launch Competitive Bidding After Stalled Westinghouse Settlement Talks
Key Facts
1Korea Hydro & Nuclear Power (KHNP) plans to initiate competitive bidding for a replacement contractor.
2The decision follows stalled negotiations regarding a settlement with Westinghouse Electric.
Korea Hydro & Nuclear Power (KHNP) plans to initiate competitive bidding to find a replacement contractor for its projects. Benzinga reported that the decision follows stalled negotiations regarding a settlement with Westinghouse Electric, forcing the South Korean entity to seek new partners.
The operational shift for KHNP, a subsidiary of KEPCO, comes after settlement talks with Westinghouse Electric reached an impasse. By launching a competitive bid, the company aims to ensure the progression of its nuclear energy projects through alternative international partnerships amid the ongoing dispute.