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Czech Nuclear Deal Collapses as KHNP, Daewoo Split
Korea Hydro & Nuclear Power (KHNP) ended negotiations with a consortium of Daewoo E&C and Doosan Enerbility over a construction contract for the Czech Republic's Dukovany nuclear project, valued at 26-27 trillion won ($19.4-20.23 billion). Yonhap reports KHNP announced the termination Thursday, citing failure to agree on terms. Business Korea notes the breakdown has sent Daewoo E&C and Doosan Enerbility shares tumbling, with conflict erupting within "Team Korea" over the contract. Korean reactions focus on the financial fallout and the blow to the consortium's reputation, though no specific public sentiment from blogs or cafés is detailed in the supplied documents.
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