KHNP Submits Bid for 'Czech Nuclear Power Plant'... Full-Scale Battle for 8 Trillion Won Contract Begins

Nuclear power plant located in the Dukovany region in the southeast of the Czech Republic.
[Photo by Asia Economy DB]

[Asia Economy Sejong=Reporter Lee Jun-hyung] Korea Hydro & Nuclear Power (KHNP) has officially submitted its bid for a new nuclear power plant project to the Czech side.

On the 28th (local time), Nam Yo-sik, Head of KHNP's Growth Business Division, met with Petro Zabodsky, Director of Nuclear Power Plant Construction at Czech Electricity Company (CEZ), in the Czech Republic to deliver the bid. During the submission, Nam emphasized not only the safety and economic efficiency of the Korean-designed nuclear reactor (APR-1400) but also the full support and commitment of the Korean government. Prior to submitting the bid, Nam also met with Tom?? Ehler, Deputy Minister of the Czech Ministry of Industry and Trade, to express his determination regarding the new nuclear power project.

The Czech Republic is pursuing a project to build a pressurized water reactor nuclear power plant with a capacity of up to 1200MW in the southeastern Dukovany region. The project is valued at 6 billion euros (approximately 8.14 trillion KRW), and the main bidding process began in March. The competing countries alongside Korea are the United States and France. The Czech government plans to select a preferred bidder and final project operator by 2024 and commence construction of the nuclear power plant in 2029.

Hwang Ju-ho, President of KHNP, stated, "According to the requirements of the ordering party, we will need to submit a revised bid around September next year," adding, "We will do our best throughout the upcoming bidding schedule to be selected as the final project operator."

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