KHNP pledges to comply with Czech court order blocking nuclear deal

By Kim Dong-young Posted : May 7, 2025, 10:40 Updated : May 7, 2025, 10:40
Dukovany Nuclear Power Station AFP-Yonhap
Dukovany Nuclear Power Station/ AFP-Yonhap
 
SEOUL, May 7 (AJP) - Korea Hydro & Nuclear Power (KHNP) said Wednesday it would honor legal proceedings in the Czech Republic, following a court decision to block the signing of a multibillion-dollar nuclear power contract.

A regional court in Brno issued an injunction on Tuesday, just one day before KHNP and Czech utility Elektrarna Dukovany II (EDU II) were scheduled to finalize a deal to build two nuclear reactors at the Dukovany site.

The move comes as part of an ongoing legal dispute involving French energy firm Électricité de France (EDF), which filed a complaint challenging KHNP’s selection as the preferred bidder. The Czech Republic’s competition authority dismissed EDF’s appeal in late April, but the Brno court will now examine the case.

“We respect the legal procedures of the Czech Republic and will fully comply with all related laws and regulations,” KHNP said in a statement. The company leads the South Korean consortium bidding for the project, often referred to as “Team Korea.”

KHNP also defended the integrity of the tender process, saying it had been conducted “fairly, transparently, and in accordance with the law” under the supervision of the Czech government, national power company CEZ, and EDU II. The company expressed disappointment over what it described as ongoing efforts by a competitor to overturn the bidding result.
 
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