Last year, the Czech Republic selected the South Korean group KHNP to build two 1,000-megawatt reactors at the Dukovany nuclear power plant. The Czech government has decided to take an 80% stake in the project company EDU II to financially support the construction. CEZ, the company in charge of the project, is facing challenges from the French group EDF, but is continuing preparations for the project. The estimated cost of the reactors is 407 billion Czech crowns and the price of electricity will be guaranteed by the state. EDF's challenge was rejected by the Czech Competition Council, and CEZ expects the courts to uphold the legality of the tender.
Sources
Latest News
16:27
Germany sends thousands of troops to NATO's eastern flank
16:27
Google is changing its spam content policy in the EU, eliminating downgrades for news sites.
16:26
The authorities in Rome are instituting special security measures around the Colosseum and the Imperial Forum, naming the area 'red zone'.
16:09
Irinel Ionel Scrioșteanu announces the installation of the last element of the bridge over the Siret on the Braila-Galati Expressway, which will be opened to traffic by the end of the year.
15:59
An exceptional Van Cleef & Arpels necklace, valued at millions of euros, was stolen from the Museum of Applied Arts in Vienna.
See more news