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Firms queue up for new Czech nuclear plant

Five companies have expressed their interest in a developing a new nuclear reactor planned by the Czech government.

Industry and Trade Minister Jan Mladek announced that Korea Electric Power Corp. (015760), Westinghouse Electric Co LLC, Rosatom Corp., Areva SA (AREVA) and a Chinese state company have expressed interest ahead of the publication of the country’s long-term energy strategy, Mladek said in an interview with Pravo newspaper.

The Czech Republic is revamping its energy plans after state-controlled utility CEZ AS cancelled a $15bn tender for two nuclear reactors at the Temelin nuclear power station in April. The tender was scrapped because the government declined to provide price guarantees on power generated by new units.

The future project could be divided between Temelin and the older Dukovany nuclear station, with each power plant getting one new reactor, Mladek said. He added that each bloc could be built by a different investor, according to the minister, with new reactors scheduled to come online by 2030.