A South Korean consortium has won a $40-billion contract to build several nuclear reactors for the United Arab Emirates, industry sources said on Sunday.
The consortium would build the first nuclear power plants in the Gulf Arab region under the deal, one of the largest energy contracts ever awarded in the Middle East and also one of the world's biggest nuclear power plant deals.
"We've won," said one industry source. "We're not sure about the exact figure but I think it's around $40 billion."
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