It will be the largest energy investment in the country. Koreans will take care of the construction

Luc Williams

The Czech Office of Competition UOHS Protection Protection announced on Thursday that he rejected the appeals of the French EDF concern regarding the tender for new nuclear blocks.

Contract for $ 18 billion

The decision of the Czech office rejecting the appeal opens the path to the Czech government and the public company CEZ for signing contracts worth at least $ 400 billion ($ 18.22 billion) for the construction of new nuclear energy blocks.

CEZ, in which 70 percent shares belongs to the state, plans to build two blocks with a power of 1000 megawatts at the Dukovana nuclear power plant. It will be the largest energy investment in the country so far.

There are no obstacles to signing the contract

“Nothing at this stage prevents the subsidiary of CEZ, Edu II concluded a contract with the preferred KHNP bidder,” Reuters quotes the statement by the chairman of the Petra Mlsna Competition Office. MLSNA also stated that The office’s decision annul the court order prohibiting the conclusion of any contracts.

Reuters reminds that at the beginning of this month the Czech Minister of Finance Zbynek Stanjura said that He expects to sign contracts in this quarter.

Source: Reuters

About LUC WILLIAMS

Luc's expertise lies in assisting students from a myriad of disciplines to refine and enhance their thesis work with clarity and impact. His methodical approach and the knack for simplifying complex information make him an invaluable ally for any thesis writer.