This undated file photograph offered by Daewoo Engineering & Development exhibits the Dukovany nuclear energy plant within the Czech Republic. Yonhap
The Czech Republic’s nuclear power officers started their two-week journey to Korea on Monday amid ongoing negotiations with Korea Hydro & Nuclear Energy (KHNP) for a multibillion greenback undertaking to construct two nuclear crops within the European nation.
The go to follows Prague’s choice of a Korean consortium, led by KHNP, as the popular bidder for its nuclear undertaking in July. The consortium has been negotiating contract phrases to finalize an settlement by March to construct the nuclear reactors, a deal estimated at roughly 24 trillion gained ($17 billion).
Throughout its two-week journey, the delegation of round 60 officers is predicted to debate undertaking particulars with KHNP, and go to the Saeul Nuclear Plant in Ulsan, 414 kilometers southeast of Seoul.
“The KHNP and the contractor have been making mutual efforts towards the frequent objective of efficiently establishing new nuclear reactors within the Czech Republic,” KHNP CEO Whang Joo-ho stated in a press release, including that the 2 events will proceed working to finalize the deal by March.
The go to, in the meantime, comes after the Czech Republic’s antitrust watchdog dismissed complaints from U.S.-based Westinghouse and France-based EDF concerning the Czech authorities’s resolution to pick the KHNP consortium as the popular bidder.
Westinghouse has claimed that KHNP’s nuclear reactors are derived from its expertise, whereas EDF has emphasised the necessity for a good and clear choice course of. (Yonhap)
