KHNP "Czech nuclear power plant proceeds smoothly with goal of signing contract next year"

In response to foreign reports that Czech anti-monopoly authorities temporarily shelved contracts with their government to build new nuclear power plants, KHNP said it is proceeding smoothly with the aim of signing a contract next year.

KHNP issued a statement and explained that it understood that preliminary measures were taken in accordance with the relevant standard procedures because the Czech competition authority received the complaint.

He then stressed that contract negotiations between KHNP and the client are proceeding smoothly with the goal of signing a contract in March next year according to the previously set procedures and schedule.

In addition, the government and Team Korea plan to communicate closely and cooperate with each other, such as explaining our position in detail at the request of the Czech authorities.