[Truth of choosing the preferred bidder for the Czech nuclear power plant projec

[Truth of choosing the preferred bidder for the Czech nuclear power plant project]
▪ Local media in the Czech Republic reported that KHNP made "an 'irresistible offer' at almost a dumping price."
▪ In 2018, Korea Electric Power Corporation was selected as the preferred bidder for the Moorside nuclear power plant in the UK, which was worth 22 trillion won, but failed to win the final order
▪ As the Czech government set aside only 6 billion euros (about 9 trillion won) for the nuclear power plant project, there is much room for it to be reduced from the original contract amount expected by KHNP during the price negotiations
▪ Korea Electric Power Corp. (KEPCO) had to pay Westinghouse technical advisory fees and royalties when it won the order. Westinghouse issued a statement again saying, "KHNP has no authority to use Westinghouse reactor technology without Westinghouse's consent."
▪ At the time of the UAE nuclear power plant order, about $10 billion of the total order amount of $18.6 billion was decided to be lent for a very long time through the Export-Import Bank of Korea with a 28-year maturity, but Korea's credit rating is lower than that of the United Arab Emirates, so it will reduce the reverse margin of borrowing money at high interest rates and lending at low interest rates
▪ Military Agreement on Automatic Intervention of Korean Forces in the event of UAE Nuclear Power Plant Order
▪ Lee Myung Bak 'Zaid Environmental Award' from UAE and $500,000 in prize money as personal account