July 31, 2018 / 1:20 PM / a year ago

REFILE-S Korea's Kepco loses preferred bidder status for UK nuclear project

(Corrects typo in headline)

LONDON, July 31 (Reuters) - South Korea’s Korea Electric Power Corp (KEPCO) no longer has preferred bidder status to buy Toshiba’s NuGen nuclear project in Britain, Toshiba said on Tuesday.

“Toshiba continues to consider additional options including the sale of its shares in NuGen to KEPCO, and we are carefully monitoring the situation, in consultation with stakeholders including the UK government,” a spokesperson for Toshiba said in an email to Reuters.

Reporting by Susanna Twidale, editing by Louise Heavens

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