US EditionCzech court halts nuclear plant signing with KHNP after last-minute appeal
- On May 6, 2025, a Czech court prevented CEZ's subsidiary EDU II from finalizing a multi-billion dollar agreement with South Korea’s KHNP for constructing a nuclear power facility, pending resolution of a legal challenge.
- The court issued an injunction after EDF, the unsuccessful bidder, lodged a complaint last week against the Czech authority responsible for overseeing competition, challenging the results of the tender process.
- The contract covers the construction of two 1,000-megawatt nuclear reactors at CEZ's Dukovany facility, enhancing the nation’s energy capacity as part of efforts to phase out coal and update older nuclear power units.
- The Brno Regional Court noted that if the agreement were finalized, the French bidder might unintentionally forfeit the chance to secure the public contract, despite any favorable court rulings.
- The ruling delays contract signing and allows for further examination of EDF's claims, with CEZ and KHNP planning potential appeals and legal actions to defend their positions.
15 Articles
15 Articles
Hansuwon: "We respect Czech legal procedures... We regret the attempt to undermine the results of our competitors' bids"
(Sejong = Yonhap News) Reporter Cha Dae-woon = Korea Hydro & Nuclear Power said on the 7th regarding the Czech court's injunction decision to ban nuclear power plant contracts, "We respect the Czech legal procedures and...
Czech court temporarily halts nuclear plant deal with S. Korea: reports
A Czech court on Tuesday temporarily blocked the government in Prague from signing a multibillion-dollar agreement with South Korea for the construction of two nuclear reactors, according to multiple reports, making it highly unlikely that an official contract will be concluded this week. A South Korean consortium led by Korea Hydro & Nuclear Power Co. (KHNP) had been scheduled to finalize the deal on Wednesday with Czech state-run energy compan…
Czech court halts nuclear plant signing with KHNP after last-minute appeal
PRAGUE: A Czech court has blocked a subsidiary of the country's main electricity firm CEZ from signing an at least US$18 billion contract with South Korea's KHNP to build a new nuclear power plant until it handles a complaint filed by the losing bidder EDF of France, the court said on Tuesday (May 6). EDF
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