The Czech state-controlled company EDU II and Korea Hydro & Nuclear Power (KHNP) signed final contracts to build two new nuclear power plants on 4 June, prime minister Petra Fiala said, after a court lifted an injunction preventing the deal’s closing.
The deal to build at least two new nuclear power plants at the existing Dukovany nuclear power station site was unblocked on Wednesday after an appeals court dismissed a lower court ruling that prevented the government from signing the deal with KHNP.
The Supreme Administrative Court said the earlier ruling was not in line with law, meaning the signing of the deal, estimated to be worth $18bn (€15.7bn), could go ahead.
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