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The Unit 1 reactor, right, at the Cernavoda Nuclear Power Plant in Romania. Korea Hydro & Nuclear Power (KHNP) on Thursday signed a consortium agreement for the reactor refurbishment project for the Cernavoda Unit 1 reactor. [KHNP] 

Korea is participating in a 1.85 billion euro ($1.97 billion) project for a nuclear plant refurbishment in Romania through a tripartite consortium.
 
State-run Korea Hydro & Nuclear Power (KHNP) on Thursday signed an agreement with Canada’s Candu Energy and Italy’s Ansaldo Nucleare to form a consortium for the refurbishment and re-tubing of Unit 1 reactor at the Cernavoda nuclear power plant in the Eastern European country.