President Zeman favours new Temelin tender for four bidders

published:

updated:
09.04.2014 13:47

Prague - Czech President Milos Zeman said that he was in favour of a new tender for the completion of the nuclear power plant Temelin in which four investors might take part.

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Prezident Miloš Zeman (uprostřed) vystoupil 9. dubna v České národní bance v Praze na konferenci Úspěchy a otazníky změn české ekonomiky v posledním čtvrtstoletí. Vpravo je předseda organizátora konference, sdružení Czech Top 100, Jan Struž. ČTK Šimánek Vít

Zeman mentioned the US-Japanese company Westinghouse and the Czech-Russian Consortium MIR.1200, the existing bidders, the French company Areva and an unspecified South Korean investor.

The current tender process would run out with no winner being selected, Zeman said today after a speech at a conference on 25 years of Czech economy.

"Apart from the two existing bidders, a South Korean investor would most probably be bidding in the (new) tender," Zeman said.

"Let´s wait to see their offers, let´s wait for a new tender. Four (investors) are more than two, and there might be a chance of cutting the price (of Temelin project)," he added.

Zeman said that on Tuesday he met with Lee Byung-suk, Vice-Speaker of the National Assembly of the Republic of Korea, who allegedly expressed his country´s interest in investments in the Czech Republic.

Two new units at Temelin, in the south of Bohemia near the Austrian border, will more than double the plant´s capacity of 2,000 megawatts. The project worth several hundred billion crowns is to be completed in 2025, in line with the schedule, and the new reactors will be in operation for 60 years.

Industry and Trade Minister Jan Mladek said in March that cancellation of the tender was a more likely scenario.

CEZ CEO Daniel Benes has said recently that, in the current situation, he cannot imagine that CEZ would build two units at Temelin without any support from the state.

Westinghouse and MIR.1200 are currently bidding for Temelin´s enlargement. Another bidder, Areva, was earlier removed from the tender process by CEZ, which said that Areva´s offer had serious shortcomings.

Written by:
www.ctk.cz

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