South Korea and Russia Likely to Vie for Dukovany Nuclear Power Station

Published: 26.11.2020 Related countries:  Korea (south) Korea (south)

A 6-bil.-euro Turnkey Project

Czech energy company CEZ is expected to move ahead with the Dukovany Nuclear Power Station construction project with either Korea Hydro & Nuclear Power or Rosatom of Russia.

The Czech government is planning to send an invitation to bid within this year before the bidding scheduled for next year and partner selection in 2022. The total cost of the turnkey project is six billion euros.

Atmea, a joint venture between Areva of France and Mitsubishi Heavy Industries of Japan, was recently eliminated in the second round of negotiations. Westinghouse of the United States, EDF of France and China General Nuclear Power Corp. are expected to join the bidding. In the meantime, it was recently reported that Rosatom illegally received bidding-related key information from a CEZ employee and it is said that this can be an advantage for Korea Hydro & Nuclear Power.

The Czech government is planning to build a couple of 1,000 MW nuclear power plants in Dukovany and Temelin. The tenders for the projects and bidder evaluation are around the corner. The groundbreaking is scheduled for 2029 and the projects are forecast to be completed in 2036.

Source: Business Korea

Prepared by the team of foreign office CzechTrade and CzechInvest Seoul