South Korea has established emergency supervision over its €17.5 billion Dokubani nuclear project in the Czech Republic after state-run Korea Hydro & Nuclear Power (KHNP) failed to agree on the terms of a construction contract with South Korean companies Daewoo Engineering & Construction and Doosen Power. KHNP concludes the negotiations with the two companies and prepares a new tender to select a construction consortium. The goal is to finalize a contract by July 2027, so that work on two 1,000 megawatt reactors can begin in November of that year. Follow:

South Korea has established emergency supervision over its €17.5 billion Dokubani nuclear project in the Czech Republic after state-run Korea Hydro & Nuclear Power (KHNP) failed to agree on the terms of a construction contract with South Korean companies Daewoo Engineering & Construction and Doosen Power. KHNP concludes the negotiations with the two companies and prepares a new tender to select a construction consortium. The goal is to finalize a contract by July 2027, so that work on two 1,000 megawatt reactors can begin in November of that year. Follow: