Doosan Enerbility has issued an official clarification regarding reports that negotiations on the construction contract for the Czech Dukovany new nuclear power plant project have ended. The company acknowledged receiving verbal notification from Korea Hydro & Nuclear Power (KHNP) that construction contract negotiations had concluded, but emphasized that its separately concluded supply contracts for reactor equipment and turbine generator equipment remain unchanged and in effect.

■ Clarification Filing in Response to Reports of 'Final Breakdown of Negotiations'

On the 29th, Doosan Enerbility filed a 'Clarification on Rumors or Reports' disclosure explaining the facts behind reports such as 'KHNP's negotiations on the Czech Dukovany nuclear plant construction contract finally break down.' According to the filing, the company received verbal notification from KHNP that negotiations related to the construction contract had ended within the Dukovany new nuclear power plant project.

However, the company made clear that this matter concerns the construction contract negotiations and is unrelated to the supply contracts for reactor equipment and turbine generator equipment that Doosan Enerbility separately concluded with KHNP.

■ Reactor and Turbine Generator Supply Contracts 'Being Implemented Normally'

On December 16, 2025, Doosan Enerbility signed contracts with KHNP for the supply of reactor equipment and turbine generator equipment needed for the Czech Dukovany new nuclear power plant project. According to the company, these equipment supply contracts have neither been changed nor terminated and remain in effect, with related work under the contracts proceeding.

The company stated that it is carrying out all necessary work for equipment supply, including design, procurement, and manufacturing preparation, according to planned procedures. It particularly emphasized that no issues have been identified so far that would cause significant delays in contract performance.

■ Construction Contract and Equipment Supply Contract Are Separate Matters

The key point of this disclosure is that the construction contract and the equipment supply contract are distinct from each other. The end of construction contract negotiations pertains to contract discussions for carrying out the nuclear plant construction work, whereas the supply contracts concluded by Doosan Enerbility cover the provision of major equipment such as reactor equipment and turbine generator equipment. Therefore, the mere fact that construction contract negotiations have ended does not mean the existing equipment supply contracts have also been terminated.

Doosan Enerbility explained that the Czech Dukovany new nuclear power plant project is being pursued through consultations among relevant institutions and partner companies, centered on KHNP. It added that it plans to faithfully fulfill its necessary role for the smooth execution of the project.

Through this clarification, Doosan Enerbility acknowledged the end of construction contract negotiations while making clear that there are no changes to the existing supply contracts for major nuclear plant equipment. Going forward, attention is expected to focus on the follow-up procedures regarding the construction contract for the Czech Dukovany nuclear project and on the performance status of the existing equipment supply contracts.

[This article was written with partial assistance from AI. Investment decisions and responsibilities lie with the investor, and the disclosed contents and actual business progress may change in the future.]