The chief executive of Korea Electric Power Corporation (KEPCO) has said the firm wants to "jump in" to the proposed Cumbrian nuclear new build.

Cho Hwan-eik has said the firm is looking to purchase the 60 per cent of Nugen - which has plans for a power plant at Mooside , near Sellafield - currently held by troubled Japanese giant Toshiba.

He made the comment to reporters at a press conference in Seoul this morning.

The Reuters news agency reported as saying: "We will jump into (the deal) most quickly once its debt, equity structure is determined"

He also pointed out though that nothing has been confirmed.

Mr Cho also ruled out his company bidding for Westinghouse Electric, the US-based nuclear division of Toshiba.

NuGen have not yet commented on Mr Cho's remarks.