Seoul to launch emergency response system for Czech nuclear project
Korea will launch an emergency management system to keep its nuclear power plant project in the Czech Republic on track following the breakdown of contract negotiations with a construction consortium, the industry ministry said Monday. Under the system, the government plans to draw up measures to keep the Czech project on track and prevent a recurrence of similar setbacks, according to the…
Korea will introduce an emergency management system to safeguard its nuclear power plant project in the Czech Republic, following the collapse of contract negotiations with a construction consortium, according to the industry ministry. The government intends to establish measures to maintain the Czech project's progression and avert future setbacks, as per the Ministry of Trade, Industry and Resources.
This decision follows Korea Hydro & Nuclear Power Co.'s (KHNP) termination of negotiations with a Korean consortium consisting of Daewoo Engineering & Construction Co. and Doosan Enerbility Co. over a construction contract for the Dukovany nuclear power plant project. After failing to reach an agreement on crucial terms, KHNP announced its intention to formally end the negotiations and commence preparations for a new tender to appoint a construction contractor.
The company aims to sign a contract with a fresh consortium by July 2027, enabling construction to commence.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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