The TMSR-500 will be built at DSME at its yard in Okpo, South Korea. The use of a modern shipyard will achieve huge savings in time and cost while also improving quality of construction. Only 24 months will be required from the start of construction before each plant will be capable of sending electricity to the grid. This approach also allows for scalability of the ThorCon plants, with as many as 10 GW of power able to be produced annually per yard or assembly line once production is ramped up.

On 8th November 2021, Empresarios Agrupados (EAI) signed an architect engineering contract for ThorCon's 500 MW advanced nuclear power plant for Indonesia. The TMSR-500, as the Indonesians like to call the plant, will demonstrate a way to solve Indonesia's energy needs with a non-intermittent source of power that is carbon-free, low cost and safe. The Indonesia project still needs final approvals but 2022 might be the year that the final deal is started.

The contract marks a commitment to long-term collaboration between Empresarios Agrupados and ThorCon. While ThorCon will be providing its molten salt reactor (MSR) technology, EAI will provide both its pool of 1250 engineers as well as its 50 years of experience with nuclear projects.

As Architect Engineer, EAI will support ThorCon across a broad range of activities, including project management, document control, code compliance, site preparation, pre-construction activities and licensing agreements. Additionally, the company will also provide engineering services to ThorCon throughout the lifecycle of the project from design engineering to construction, operation and eventual decommissioning. EAI will work in collaboration with other partners already selected by ThorCon.