South Korea’s ministry of trade, industry and energy (Meti) will arrange a second round of low-interest loans worth 150 billion won (€105m, $115m), to help nuclear energy companies that were affected by the previous administration’s nuclear phaseout policy.

The first round of loans, made in March, was worth 50 billion won, Korea Bizwire reported.

The loans follow complaints from the industry about the effects of the phaseout policy, which saw revenues in the Asian nation’s nuclear energy sector drop from 27.5 trillion won in 2016 to 21.6 trillion won in 2021.