He added that if the deal with Japan is delayed or does not happen, then Korea could be a possible partner from where it can source equipments.
“The vital parts for the reactors which the French and the Americans are building are going to be sourced from Japan. This is why everyone is hard pressed about having a deal with Japan. But if this does not work then Korea could be a possible option. Korea, however, an option if things do not work out,” said an official.
Globally, South Korea ranks fifth in terms of electricity generation from nuclear power. It not only has technology, but most of it has been indigenous. Its domestic market is also increasing rapidly and is now focusing to target the global market.
It has 23 nuclear power plants which produce 20,716 MW of electricity. According to its National Energy Plan (2008-2030) it is expected to increase its electricity from nuclear share to 59 per cent by 2030.
It also intends to venture into the global market, which for all these years have been dominated by France, the US and Russia.
In the last decade, it won the contract to provide research reactor to Jordan and is building a nuclear power plant for the UAE with its APR-1400 reactor.
Updated on: January 12, 2014 16:05 IST
