KHNP-Daewoo deal derailed on W25tr Czech nuclear project

Korea Hydro & Nuclear Power has ended construction contract negotiations with a Daewoo Engineering & Construction-led consortium for its landmark Czech nuclear project, exposing a rift within the South Korean team behind the multibillion-dollar deal. The state-run nuclear operator said Thursday it would begin terminating its cooperation agreement with the consortium, which includes Doosan Enerbility, and prepare a new bidding process to select a replacement contractor. The breakdown follows more

Source: The Korea Herald