Veolia Wins the Contract to Supply Water and Wastewater Treatment Services to South Korea’s Largest Nuclear Power Plant

Regulatory News:

Veolia Environnement (Paris:VIE)

Korea Hydro & Nuclear Power Co. (KHNP), the fifth-largest nuclear power supplier in the world, has awarded Veolia, through its subsidiaries Veolia Water France and Veolia Water Korea, a three-year operation and maintenance contract for the supply of water and wastewater treatment services at Kori Division, South Korea’s largest nuclear power plant.

The contract covers freshwater demineralization and treatment to supply the steam production pipes, and seawater treatment by electrochlorination to supply the cooling circuit of the nuclear power plant. Veolia is also in charge of the wastewater treatment facility, which does not include water that is in contact with nuclear fuel. The capacity of the water and wastewater facilities operated by Veolia is more than 173.000 cubic meters per day, the equivalent of 55 Olympic-size swimming pools. A total of 73 employees will support the operations on site.

Régis Calmels, Senior Executive Vice President Asia for Veolia, said: "KHNP’s choice of Veolia is based on our expertise in the treatment of water in nuclear plants and our knowledge in security issues, which are illustrated through our significant contracts in France and Japan. This new contract confirms our expertise and reinforces our position in this growth market”.

Kori Division, which has a total of eight reactors, is located in the South Eastern area of the Korean Peninsula. It generates around 7,900 MWh of electricity, which will represent 34% of the nuclear capacity in South Korea in 2015, equivalent to the electricity consumption of 8 million people.

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Veolia group is the global leader in optimized resource management. With over 179,000 employees* worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2014, the Veolia group supplied 96 million people with drinking water and 60 million people with wastewater service, produced 52 million megawatt hours of energy and converted 31 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.4 billion* in 2014. www.veolia.com

(*) 2014 pro-forma figures, including Dalkia International (100%) and excluding Dalkia France.