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Gold/Mining/Energy : Korea Electric Power Corp.

KEP 15.96

+5.9%

Nov 3 3:59 PM EST

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From: mlkr	12/28/2009 11:15:11 AM
	of 7

A Korean-led consortium on Sunday won a landmark contract, valued at about $20.4 billion, to build four nuclear reactors in the United Arab Emirates, ending a closely watched contest between bidders from Asia, France and the U.S. The victory for Korea Electric Power Co. (KEP, $14.84, +$0.87, +6.23%), in conjunction with construction units of the Samsung and Hyundai business groups and with Westinghouse, a unit of Japan's Toshiba Corp., marks the first international deal for the Asian nation's nuclear industry.

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