Korea Hydro and Nuclear Power Co Ltd (KHNP) v Korea Electric Power Corporation (KEPCO) - Arbitration Regarding the Operational Support Services Contract for the UAE Nuclear Power Plant Project - KCAB-IA No 26112-0010 - 22 May 2026

Country

Korea, Republic of
United Arab Emirates

Year

2026

Summary

On May 21, 2026, the claimant, KHNP, initiated arbitration at the Korean Commercial Arbitration Board ("KCAB") seeking the payment of around USD 1.1 billion regarding the operational support services contract for the UAE nuclear power plant project/

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