Daewoo E&C has asked the South Korean government to mediate fresh negotiations with Korea Hydro & Nuclear Power after talks on construction of the Czech Dukovany nuclear project broke down. The roughly 27 trillion won project involves two 1,000-megawatt APR1000 reactors, and the companies reportedly failed to agree on who would absorb increased construction volume and costs.
Daewoo said the revised proposal did not adequately reflect post-bid increases and that it had advanced several hundred billion won in costs without settlement at KHNPโs request. The Industry Ministry said it has no legal authority to intervene in commercial negotiations but will conduct weekly checks and support contingency measures for schedule, quality and cost risks.