Business · Companies · 2 hrs ago
Woojin Ntec Adds 5.1 Billion Won to Kori Plant Maintenance Contract
Woojin Ntec increased its maintenance contract by 5.1 billion won for units 3 and 4 at the Kori nuclear power plant in South Korea.
The work covers maintenance of instrumentation and control equipment, which monitors and controls plant systems.
The increase reflects additional equipment upgrades for continued operation and a nine-month extension to the service period.
Woojin Ntec has carried out maintenance work at Kori for more than 10 years.
With the increase, its total order backlog reached 26.3 billion won, equal to about 60% of its revenue last year.
Nuclear plant maintenance work has high entry barriers, and only registered companies with relevant experience and expertise can take part.
The company expects maintenance demand to grow alongside government plans for more nuclear construction and continued plant operation.
Woojin Ntec increased the value of its maintenance contract for units 3 and 4 at the Kori Nuclear Power Plant by 5.1 billion won.
The increase reflects additional equipment upgrades for continued operation and a nine-month extension of the maintenance period.
Including the increase, the company’s total order backlog reached 26.3 billion won.
Maeil Business reported that the backlog is about 60% of the company’s revenue last year.
- Who
- Woojin Ntec, a company that maintains instrumentation and control equipment at power plants.
- What
- It increased the value of its maintenance contract for Kori units 3 and 4 by 5.1 billion won.
- When
- October 21, 2026.
- Where
- Kori Nuclear Power Plant, South Korea.
- Why
- Additional equipment upgrades for continued operation and a nine-month extension of the maintenance period led to the increase.
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- Contract increase
- 5.1 billion won
- Plant units
- Kori units 3 and 4
- Maintenance extension
- 9 months
- Total order backlog
- 26.3 billion won
- Backlog as share of last year's revenue
- About 60%
What people are saying
The expertise we have built by carrying out maintenance services at Kori Nuclear Power Plant for more than 10 years led to this contract increase.
We will further strengthen our order-winning capabilities, relying on our ability to provide high-quality services and our strong track record.