Collapse of negotiations on Dukovany, KHNP failed to reach an agreement with the Korean consortium

Korean company KHNP has ended negotiations for a construction contract on new nuclear blocks in Dukovany due to differing views on key terms. KHNP is now considering next steps, including possibly terminating the existing cooperation agreement with the construction consortium. The project, expected to be the largest domestic contract in the Czech Republic, has an estimated cost of 407 billion crowns. The first block's construction is planned to start in 2029 and finish by 2036. KHNP has secured other contracts related to the project but has not indicated how the negotiation failure might affect the timeline or costs.