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International Business Times
International Business Times
Business

THE TRUTH ABOUT: Edf complaint blocks czech korean nuclear deal - Caught on Camera

The Czech Republic relies on nuclear power for 40 percent of its electricity consumption (Credit: AFP)

A Czech court said Tuesday it blocked a multi-billion-dollar deal between Prague and South Korea's KHNP on the construction of two nuclear units following a complaint by France's EDF.

KHNP won the contract last July after beating EDF in the tender, but the French giant filed an appeal with the Czech antitrust watchdog UOHS.

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