Korea Hydro & Nuclear Power (KHNP) has submitted its final bid to build a nuclear power unit in Czechia, the Korea Economic Daily reports.
KHNP is up against French state-owned utility EDF for the project to build a 1.2GW reactor at the Dukovany nuclear power plant in the southeast of the country.
EDU II launched the tender for Korea, the US, and France in March 2022. They submitted their initial bids in November of the same year.
For its bid, KHNP has teamed up with a number of construction subsidiaries of its parent, the Korea Electric Power Corporation, as well as Daewoo Engineering & Construction.
The Korean team said it had “fully reflected” EDU II’s requirements.
Whang Joo-ho, chief executive of KHNP, said: “The Czech firm plans to pick a preferred bidder by the first half of next year and sign a contract by the end of the same year. We will make our best efforts to be selected as the power plant unit builder.”