Deals Counterparts

Singapore Energy Authority and KHNP Sign SMR Cooperation Agreement

Partnership Nuclear announced Manila, Singapore Mar 2, 2026
development
Stage

Singapore Energy Authority and KHNP signed a cooperation agreement for Small Modular Reactors.

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Deal Analysis

On 2026-03-02, Singapore Energy Authority and Korea Hydro & Nuclear Power (KHNP) announced a cooperation agreement for Small Modular Reactors (SMRs) in Singapore. This partnership, involving the Energy Market Authority (EMA), focuses on nuclear technology with an undisclosed value.
  • Announced 2026-03-02.
  • Partnership between Singapore Energy Authority, KHNP, and Energy Market Authority (EMA).
  • Focus on Small Modular Reactors (SMRs) in Singapore.
  • Value not disclosed.

Source Intelligence

KEY DETAILS

The agreement is a memorandum of understanding (MoU). "South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines." The MoU focuses on possible financing for future nuclear power development. "MoU focus on possible financing for future nuclear power development" The signing took place at the Korea–Philippines Business Forum in Manila. "Officials pose after signing a nuclear power development MOU between Eximbank, Meralco, and KHNP at the Korea–Philippines Business Forum in Manila."

Location
South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines.
Financials
MoU focus on possible financing for future nuclear power development
Announcement
By Kamen Kraev 4 March 2026
Signing
Officials pose after signing a nuclear power development MOU between Eximbank, Meralco, and KHNP at the Korea–Philippines Business Forum in Manila.
PARTIES MENTIONED IN SOURCE
K
Korea Hydro & Nuclear Power (KHNP) developer

"South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines."

M
Meralco developer

"South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines."

S
South Korea’s Export-Import Bank (Eximbank) lender

"South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines."

medium quality Enriched Mar 8, 2026

Timeline

Announced
Mar 2, 2026
Signed
Mar 4, 2026
Closed

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