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Team Korea Splits Over Czech Nuclear Project Costs

Korea Hydro & Nuclear Power (KHNP) has ended negotiations with the Daewoo E&C–Doosan Enerbility consortium over the construction contract for the Dukovany nuclear plant in the Czech Republic, a project valued at 26–27 trillion won ($19.4–20.23 billion). Business Korea reports the breakdown stems from a conflict over the construction contract, while Yonhap confirms KHNP formally terminated talks on Oct. 29. The consortium had been preparing the project with KHNP, but the two sides failed to agree on terms, sending Daewoo E&C and Doosan Enerbility shares tumbling. Korean media frame this as a split within "Team Korea," the consortium leading the Czech project, with Business Korea noting the breakdown has dealt a blow to the group.

  1. Daewoo-Doosan Push Back on Czech Nuclear Talks Business Korea · 2026-10-29
  2. Czech Nuclear Deal Breakdown Sends Daewoo E&C, Doosan Enerbility Shares Tumbling Business Korea · 2026-10-29
  3. KHNP Ends Czech Nuclear Plant Talks with Daewoo E&C Business Korea · 2026-10-29
  4. KHNP, consortium fail to agree on Czech nuclear plant contract Korea Times · 2026-10-29
  5. (2nd LD) KHNP ends talks with consortium on Czech nuclear plant construction contract Yonhap · 2026-10-29
  6. Kim Backs KHNP's Contract Talks Termination Business Korea · 2026-10-29

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