Hayward Tyler is pleased to announce the procurement of a US$6.7 million contract from Korea Hydro & Nuclear Power (“KHNP”), a subsidiary of the Korea Electric Power Corporation (“KEPCO”).
Hayward Tyler has been an original equipment supplier of pumps and spare parts to KHNP for over 40 years. This latest order, for spare parts to upgrade and refurbish existing Nuclear power plants, is the largest HT has received from KHNP. The total value of orders received from this customer since September 2017 is over $10 million.
KHNP is a leading supplier of electricity to the South Korean energy market, responsible for approximately 40% of the country’s electric power, and has over 20 operating nuclear plants. HT continues to support their operations with parts, units, and technical support through its nuclear quality program.
Mike Turmelle, Managing Director of Hayward Tyler, said, “This is a significant order for Hayward Tyler in the nuclear energy market. KHNP is a highly valued existing client, and the size of this contract confirms HT’s strong credentials in international energy markets. This important customer’s commitment is a testament to the expertise and hard work of our team, while large contracts such as this continue to underline Hayward Tyler’s status as a world-class business in the international nuclear market.”