Doosan's All-Out Effort to Secure Czech Nuclear Power Plant Contract... Chairman Park Jeong-won Leads from Prague

Chairman Park Shows Leadership and Commitment to Global Business Expansion
"Challenging Again After 15 Years... Full Support for Overseas Nuclear Power Plant Contracts"

Park Jung-won, Chairman of Doosan Group, has personally taken the lead to secure the contract for the construction of a new nuclear power plant in the Czech Republic.

Doosan Group announced on the 15th that Chairman Park directly hosted the 'Doosan Partnership Day' held at the ?of?n Palace in Prague, Czech Republic, on the 13th, marking the start of full-scale activities to win the Czech nuclear power plant project.

This event was organized to support Doosan Group's efforts to secure the Czech nuclear power plant project, following Korea Hydro & Nuclear Power's submission of the final bid for participation in the Czech new nuclear power plant construction project. Chairman Park discussed cooperation plans for the Czech nuclear power plant project with government and corporate officials from Korea and the Czech Republic, expressing Doosan Group's strong commitment.

The event was attended by key Czech government figures including former Prime Minister Jan Fischer, Deputy Minister of Industry Petr T?e???k, and Deputy Director of the Ministry of Industry Tom?? Ehler. On the Korean side, Ambassador to the Czech Republic Hong Young-ki, Director of the Nuclear Industry Policy Bureau at the Ministry of Trade, Industry and Energy Ahn Se-jin, Head of Export Business Division at Korea Hydro & Nuclear Power Park In-sik, Vice Chairman of Doosan Enerbility Jung Yeon-in, and Scott Park, Vice Chairman of Doosan Bobcat, were present.

Chairman Park stated, "Based on our successful experience supplying main equipment to the Barakah nuclear power plant in the United Arab Emirates (UAE), we will do our best to win the Czech nuclear power plant project," adding, "As we have maintained close cooperation with the Czech Republic in the energy and machinery industries, we will continue to invest and support so that we can grow together."

Visited Two Local Sites Supplying Main Equipment for On-site Inspection... Emphasized Contribution to Czech Carbon-free Power Generation

Doosan Group Chairman Park Jung-won visited Doosan ?koda Power located in Plze?, Czech Republic, on the 14th and inspected the production site of the steam turbine, a key main component of nuclear power plants.
[Photo by Doosan Enerbility]

The day after the event, on the 14th, Chairman Park visited two local sites responsible for product supply in the Czech nuclear power plant project.

He inspected the production site of Doosan ?koda Power, a turbine specialist manufacturer located in Plze?, Czech Republic. Established in 1869, Doosan ?koda Power has expanded its business beyond Europe to the Middle East, Asia, and Africa since joining Doosan in 2009. Chairman Park also visited the Doosan Bobcat Europe, Middle East, and Africa (EMEA) office. Doosan Bobcat EMEA has a factory and regional headquarters in Dob???, Czech Republic, producing small and medium-sized loaders and excavators.

If Korea Hydro & Nuclear Power wins the Czech nuclear power plant project, Doosan Enerbility plans to supply primary system key main equipment such as reactors and steam generators, while Doosan ?koda Power will supply secondary system key main equipment such as steam turbines. Additionally, Doosan Group will provide Doosan ?koda Power with Doosan Enerbility's carbon-free power generation technologies, including hydrogen and gas turbines, to support the Czech Republic in emerging as a carbon-free power generation hub in Europe.

Doosan's local companies also conducted interviews with Czech local media. Over 30 local media outlets, including Czech public broadcaster Czech TV, Czech Radio, and CTK news agency, visited the event venue. In interviews with the Czech media, Doosan Enerbility and Doosan ?koda Power strongly expressed Doosan Group's determination to win the Czech nuclear power plant project.

At the event, Doosan Group signed memorandums of understanding (MOUs) for cooperation in supplying nuclear main and auxiliary equipment with local power equipment companies such as ?koda JS, MICO, Vitkovice, and ZAT, on the premise of winning the Czech nuclear power plant project. Through this, they strengthened the partnership between Korea and the Czech Republic and thoroughly prepared to secure the Czech nuclear power plant project.

Doosan Group Chairman Park Jung-won is attending the 'Doosan Partnership Day' event held on the 13th in Prague, Czech Republic, to support the contract for the Dukovany nuclear power plant project, and is taking a commemorative photo with Korean and Czech government and business officials. From left: Hong Young-ki, Korean Ambassador to the Czech Republic; Tomas Ehler, Deputy Director of the Czech Ministry of Industry; Scott Park, Vice Chairman of Doosan Bobcat; Petr T?e???k, Vice Minister of the Czech Ministry of Industry; Park Jung-won, Chairman of Doosan Group; Jung Yeon-in, Vice Chairman of Doosan Enerbility; Milan ?imonovsk?, Chairman of CPIA; Ahn Se-jin, Director of Nuclear Industry Policy Bureau, Ministry of Industry; Park In-sik, Head of Export Business Division, Korea Hydro & Nuclear Power.
[Photo by Doosan Enerbility]

Czech Republic Plans to Build Up to Four New Nuclear Reactors Worth 30 Trillion Won

The Czech government is currently promoting a project to build up to four nuclear reactors with a capacity of less than 1200 MW in the Dukovany and Temel?n regions. The total project cost is estimated to reach around 30 trillion won. The Czech Republic aims to select a preferred bidder in July, finalize the contractor and sign the contract next year, start construction in 2029, and complete it by 2036.

With the exclusion of the U.S. Westinghouse from the revised proposal submission qualification, a two-way competition is underway between Korea and France. Korea is participating in the bidding through 'Team Korea,' which includes Korea Hydro & Nuclear Power, Doosan Enerbility, and Daewoo Engineering & Construction. Korea Hydro & Nuclear Power submitted the final bid to the Czech power company CEZ on the 29th of last month (local time).

Korea Hydro & Nuclear Power proposed supplying the APR-1000, a reduced capacity version of the APR-1400 developed with independent technology, according to the Czech side's requirements. Korea Hydro & Nuclear Power plans to win the nuclear power plant contract in the Czech Republic, a foothold in the European market, by emphasizing superior price competitiveness and schedule management capabilities to complete the nuclear power plant within the planned period compared to the French Electric Utility (EDF).