Toronto, Canada - Kinectrics, a global provider of nuclear lifecycle services, and Korea Hydro & Nuclear Power Co., Ltd. (KHNP), the operator of the South Korean nuclear fleet and a nuclear power technology supplier, continue to build on their existing cooperation experience by jointly developing capabilities in preparation for the decommissioning of Pressurized Heavy Water Reactors (PHWR) in Korea, Canada and globally.

Under this agreement, Kinectrics will leverage its unique expertise to provide KHNP with decommissioning related training and technical services. KHNP personnel will also work alongside Kinectrics’ subject matter experts for approximately 9 months at Kinectrics headquarters in Toronto to execute various decommissioning projects. Working together will enable both parties to combine their world class expertise in the field of PHWR decommissioning, while upholding the highest standard of quality assurance and safety.

Kinectrics’ extensive experience combined with our licensed radioactive and waste management facilities will provide dedicated and reliable support to KHNP and the CANDU industry at large. Collaboration is critical to building expertise that ensures the safe decommissioning of heavy water nuclear plants and will play an important role in helping to sustainably manage this crucial stage of the electricity lifecycle.

David Harris President and CEO, Kinectrics

KHNP is continually expanding its cooperation with leading global companies with experience in nuclear power plant decommissioning. With this agreement, KHNP will increase its expertise in heavy water reactor decommissioning.

Chang Hee-seung Executive Vice President, KHNP, Power Generation Business Division

Kinectrics is a category leader in providing lifecycle management services for the electricity industry. Trusted by clients worldwide, our expertise in engineering, testing, inspection, and certification is backed by our independent laboratory and testing facilities, a diverse fleet of field inspection equipment and an award-winning team of over 1,300 engineers and technical experts. From initial design and type testing to operational deployment and maintenance services, Kinectrics collaborates closely with customers to ensure that utility assets perform safely, reliably, and efficiently throughout their entire lifecycle.

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Korea Hydro & Nuclear Power Co., Ltd (KHNP), Korea's largest power generation company that produces about 30% of domestic electricity with nuclear power, hydropower, pumped-storage, new and renewable energy such as solar power, wind power, and fuel cells, is recognized as a trusted global clean energy company based on its solid financial status and excellent operational performance.

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