Czech PM says end of disputes between KHNP and Westinghouse will help Dukovany project

Czech Prime Minister Petr Fiala has welcomed an agreement settling IP disputes between KHNP and Westinghouse which threatened to complicate the planned expansion of the Dukovany nuclear power plant in the Czech Republic. The dispute occurred when Westinghouse claimed that KHNP’s nuclear plant designs utilized its Washington-licensed technology after KHNP was awarded the tender for the  Czech Republic’s $17 billion project to build two new nuclear reactors in Dukovany in July last year. The US company insisted that the Korean power agency needed its permission to export the nuclear reactors. The agreement between the two companies was also welcomed by the power utility ČEZ, which is in charge of the Czech nuclear tender. It has said that it wants to complete negotiations with KHNP on the contract by the end of March.