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Czech Nuclear Deal Talks Collapse, Shares Tumble

Korea Hydro & Nuclear Power (KHNP) announced Thursday it has ended construction contract negotiations with the Daewoo E&C and Doosan Enerbility consortium for the Czech Dukovany nuclear power project, citing disagreements over construction costs. The project is valued at 27 trillion won (about $20.23 billion). KHNP will terminate the joint cooperation agreement and begin procedures to select a new constructor. The news sent Daewoo E&C and Doosan Enerbility shares tumbling, according to Business Korea. Yonhap and the Korea Times also reported the breakdown, with Chosun Ilbo noting the cost disagreements as the cause.

  1. KHNP ends talks with consortium on Czech nuclear plant construction contract Korea Times · 2026-10-29
  2. KHNP ends talks with consortium on Czech nuclear plant construction contract Yonhap · 2026-10-29
  3. Czech Nuclear Deal Breakdown Sends Daewoo E&C, Doosan Enerbility Shares Tumbling Business Korea · 2026-10-29
  4. ‘체코 원전 건설’ 한수원, 대우건설과의 시공협상 결렬 조선일보 · 2026-10-29
  5. 체코 원전 시공계약 결렬 소식에…대우건설·두에빌 주가 폭락 한국경제 · 2026-10-29

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