Korea Hydro & Nuclear Power

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KHNP ends contract talks with Daewoo consortium on Czech nuclear project

Prime contractor for Dukovany units 5 and 6; seeking a new construction builder

Korea Hydro & Nuclear Power (KHNP), the state-run operator, ended contract talks on October 29 with the Daewoo E&C-Doosan Enerbility consortium over the Dukovany nuclear plant in the Czech Republic. The sides could not agree on key contract terms, and KHNP says the gap exceeds 1 trillion won, roughly $850 million by Aju Press's conversion.

Updated Nov 1