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A dispute between Korea Electric Power Corporation (KEPCO) and its wholly owned subsidiary Korea Hydro & Nuclear Power (KHNP) over additional construction costs for the Barakah nuclear power plant in the United Arab Emirates is now headed to international arbitration in London. The two sides have failed to reach a settlement over an estimated…
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A dispute between Korea Electric Power Corporation (KEPCO) and its wholly owned subsidiary Korea Hydro & Nuclear Power (KHNP) over additional construction costs for the Barakah nuclear power plant in the United Arab Emirates is now headed to international arbitration in London. The two sides have failed to reach a settlement over an estimated…
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A dispute between Korea Electric Power Corporation (KEPCO) and its wholly owned subsidiary Korea Hydro & Nuclear Power (KHNP) over additional construction costs for the Barakah nuclear power plant in the United Arab Emirates is now headed to international arbitration in London. The two sides have failed to reach a settlement over an estimated…
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A dispute between Korea Electric Power Corporation (KEPCO) and its wholly owned subsidiary Korea Hydro & Nuclear Power (KHNP) over additional construction costs for the Barakah nuclear power plant in the United Arab Emirates is now headed to international arbitration in London. The two sides have failed to reach a settlement over an estimated…
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A Czech court has temporarily halted a approximately $18 billion nuclear power agreement between South Korea’s government-owned entity, Korea Hydro & Nuclear Power (KHNP), and the Czech firm Elektrárna Dukovany II (EDU II). This decision came just as they were about to conclude the pact the following day. On May 6, the Regional Court…