Korea Hydro & Nuclear Power, in partnership with Korea Electric Power Corp., has secured a contract to build up to four nuclear power plant units in the Czech Republic, beating out a French team for the project. The consortium, consisting of six South Korean companies, including KHNP, Doosan Enerbility, and Daewoo Engineering & Construction, along with affiliates of Korea Electric Power Corp., has been selected as the preferred bidder for the construction of two nuclear power plants in Dukovany, with the potential for two additional units in Temelin. The estimated cost for the construction of the two Dukovany units is 24 trillion won ($17.4 billion), and the consortium also holds the exclusive right to a contract for the Temelin units pending approval from the Czech government. The announcement has been hailed by President Yoon Suk Yeol's office as a demonstration of the "Team Korea spirit," showcasing the collaboration between South Korea's public and private sectors. Sung Tae-yoon, director of national policy at the presidential office, emphasized that the deal will pave the way for South Korea's nuclear exports to Europe, marking the country's largest nuclear plant deal in 15 years. This achievement follows South Korea's previous nuclear exports to the United Arab Emirates and Egypt, highlighting the country's growing presence in the global nuclear energy market. President Yoon had previously advocated for South Korean firms' participation in the Czech nuclear unit project during bilateral talks with the President of the Czech Republic, emphasizing their construction capabilities and competitive pricing.