South Korea's KHNP to Build Two New Nuclear Reactors in Czech Republic

Czech government selects KHNP over France's EDF to enhance energy independence and reduce carbon emissions.

The contract, worth billions, involves constructing reactors at Dukovany and potentially Temelin plants.
KHNP's bid surpassed EDF in all assessed criteria, with each reactor costing approximately $8.6 billion.
Construction is set to begin in 2029, with the first reactor operational by 2036 and the second by 2038.
Czech companies will handle about 60% of the construction work, boosting local industry.
The Czech Republic aims to increase nuclear power's share of electricity production from 30% to 50%.