Czech Court Blocks $18 Billion KHNP Nuclear Deal Over EDF Complaint, Delays Signing of Two Reactors

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Updated May 6, 2025, 10:44 PM

A Czech court has temporarily blocked the signing of an $18 billion nuclear power plant deal between the Czech subsidiary CEZ EDU II and South Korea's Korea Hydro & Nuclear Power (KHNP). The court's decision came one day before the scheduled contract signing ceremony, following a complaint from France's EDF challenging the tender outcome. The Czech government had announced last month that KHNP was selected as the contractor for the construction of two new nuclear reactors. The court ruling has caused disruption just as government and parliamentary delegations from South Korea had already arrived in the Czech Republic for the signing event. KHNP stated that it respects the Czech legal process but expressed regret over EDF's attempts to undermine the bidding results. This development delays the multi-billion-dollar project aimed at expanding the Czech Republic's nuclear energy capacity.

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