South Korea Approves First New Reactors Since Fukushima
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South Korea approved construction of two nuclear reactors worth a combined 7.62 trillion won ($7.1 billion), the country’s first since a domestic scandal over faked safety documents and the Fukushima disaster in Japan.
Construction of the Shin-Kori No. 5 and No. 6 reactors, both 1,400 megawatts, will begin in September and is expected to be completed by December 2020, the energy ministry said in an e-mailed statement. South Korea currently has 23 reactors with plans to build another 11, including five already under construction and the two announced today.