News

South Korea to Seal Nuclear Deal With Czech Republic This Week

Bloomberg · last updated

A South Korean group, led by Korea Hydro & Nuclear Power Co., will sign a final agreement to build two nuclear reactors at the Dukovany complex in the Czech Republic this week, Seoul’s industry ministry said in a statement.

The deal is estimated to be worth 26 trillion won ($18.8 billion), according to Yonhap News. Korea Hydro & Nuclear Power was selected as the preferred bidder for the Czech project in July 2024.