Construction now is under way on both the Shin Kori Units 3 and 4 nuclear powerplants. These units will be the first of a new generation of light-water reactors called Advanced Power Reactors in South Korea that use a domestic design developed by Korea Power Engineering Co. Both reactors will be 1,400 MW. The oceanfront site in Gori is located about 30 km north of Busan in southeastern South Korea. Excavation work began in January 2008, the first concrete for Shin Kori Unit 3 was poured in October 2008 and work on the reactor containment building currently is under way. The first concrete pour for Shin Kori Unit 4 took place last month. The plants will be owned and operated by state-owned Korea Hydro & Nuclear Power, which owns all of South Korea’s nuclear power reactors. Doosan Heavy Industries & Construction Co. Ltd. is the general contractor. Unit 3 is expected to start commercial operation in September 2013, and Unit 4 will follow in September 2014. The total project cost is estimated at $6.3 billion.
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