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015760 Korea Electric Power News Story

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Czech government to take 80% stake in Dukovany nuclear plant project, PM Fiala says

PRAGUE, April 30 (Reuters) - The Czech government agreed on Wednesday an updated financing model to build two new nuclear power units and will take a majority stake in the project worth at least $18 billion from power firm CEZ CEZP.PR, Prime Minister Petr Fiala said.

Fiala said contracts with South Korea's KHNP, the chosen builder for the project, will be signed on May 7.

 (Reporting by Jan Lopatka, editing by Jason Hovet)

 ((jan.lopatka@thomsonreuters.com))

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