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Jaehoon Jung, President of Korea Hydro & Nuclear Power, visited Prague, Czech Republic, on the 2nd (local time) and met with Jaroslav Mil, Czech nuclear power special envoy, and executives of CEZ, the Czech power company, to discuss cooperation plans in the nuclear power sector between Korea and the Czech Republic, including new nuclear power projects. Special Envoy Mil is the general manager of the Czech new nuclear power project. (Photo by Korea Hydro & Nuclear Power)

[Asia Economy Reporter Moon Chaeseok] Jeong Jae-hoon, President of Korea Hydro & Nuclear Power (KHNP), flew directly to the Czech Republic to reaffirm his commitment to participate in the project to the Czech government and the new nuclear power plant ordering company before the issuance of the bid invitation at the end of the year.

KHNP announced on the 4th that President Jeong visited Prague, Czech Republic, on the 2nd (local time) and expressed his intention to participate in the year-end bidding to the Czech government and the ordering company.

Earlier, the Czech side notified KHNP in July of the finalized supply model for the new nuclear power plant project and the future project schedule. They formalized the project plan for nuclear power plant construction and plan to issue the bid invitation by the end of this year.

On the 2nd, President Jeong met with Jaroslav Mil, the chief nuclear envoy and overall manager of the Czech new nuclear power plant project, and executives of CEZ (Czech Electricity Company) to discuss cooperation plans between Korea and the Czech Republic in the nuclear power sector, including the new nuclear power plant project.

He then visited the Czech Parliament, where he informed members of the Nuclear Energy Committee and the chairman of the Korea-Czech Parliamentary Friendship Association about Korea’s excellent nuclear technology and safety, expressing his commitment to participate in the Czech project.

President Jeong’s visit to the Czech Republic was arranged following a video conference last month between Sung Yun-mo, Minister of Trade, Industry and Energy of Korea, and the Czech Minister of Industry and the nuclear envoy. It served as an opportunity to consecutively convey the strong commitment of the Korean government and KHNP to participate in the project.

Overview of the Dukovany Nuclear Power Plant in the Czech Republic. (Photo by Korea Hydro & Nuclear Power)

President Jeong also carried out various local business activities to maintain a friendly relationship through continuous exchanges and mutual cooperation between Korea and the Czech Republic.

On the morning of the 3rd, he met with representatives of four local nuclear-related companies?NUVIA, I&C Energo, TES, and MICO?in the Dukovany new nuclear power plant construction area, signed a Memorandum of Understanding (MOU) for cooperation, and held a localization strategy meeting.

The MOU was signed to establish a full-cycle cooperation system for nuclear power plants and to cooperate on localization efforts, including nuclear power plant operation, maintenance, and research and development (R&D).

On the afternoon of the 3rd, he visited the social welfare institution STRED and delivered supplies to social welfare facilities and schools in the new nuclear power plant construction area.

At the Trebic City Hall near Dukovany, he donated 450,000 domestically produced masks for local residents. He also signed an agreement to continue sponsoring the local Czech ice hockey team, which KHNP has supported since 2018.

President Jeong emphasized, "It is very encouraging that the EPC (Engineering, Procurement, and Construction) supply model proposed by KHNP in February was confirmed as the Czech new nuclear power plant supply model. We will do our best to win the Czech nuclear power plant project by consolidating the experience and capabilities accumulated over the past 50 years."

This content was produced with the assistance of AI translation services.