Korea Joongang Daily
Korea JoongAng Daily

KHNP president offers to resign amid controversy over settlement deal with Westinghouse

Whang Joo-ho, president of the state-run Korea Hydro & Nuclear Power (KHNP), has offered to step down, industry sources said Wednesday.

2025-09-17

체코 원전 계약 ‘비공개 조항’ 조사… 한미 정상회담 변수

The presidential office has ordered a fact-finding probe into a recently finalized nuclear power deal with the Czech Republic, clouding the outlook for both the 26 trillion-won ($18.7 billion) contract and future exports of Korean reactors.

2025-08-28

KHNP CEO to meet Westinghouse officials in U.S. for joint venture discussions

Whang Joo-ho, President and CEO of KHNP, will visit the United States on Saturday to meet with officials from Westinghouse Electric Company (WEC) and sign an agreement to establish a joint venture aimed at penetrating the U.S. nuclear power market.

2025-08-20

Critics raise concerns over Westinghouse deal's impact on Korea's nuclear industry

The agreement KHNP and Kepco signed earlier this year with Westinghouse to end their intellectual property dispute reportedly includes a clause requiring Korea to provide Westinghouse with royalties amounting to $825 million for every reactor.

2025-08-19

Industry minister confident $18 billion Czech nuclear deal will proceed

Minister of Trade, Industry and Energy, Ahn Duk-geun, said Tuesday that “no big problems are anticipated” in Korea’s $18 billion nuclear power plant deal with the Czech Republic.

2025-05-07

Korea's settlement with Westinghouse paves way for future cooperation, Czech plant deal

A settlement between Korean firms and Westinghouse has cleared a hurdle for the finalization of a nuclear power plant deal with the Czech Republic and has opened the door to future cooperation between companies.

2025-01-17

KHNP, Westinghouse settle dispute, clearing way for Czech nuclear power deal

Korea Hydro & Nuclear Power reached a settlement with Westinghouse in a dispute over technology, eliminating a major hurdle to the finalization of a nuclear power plant deal with the Czech Republic.

2025-01-17

MOU with U.S. moves Korea closer to final Czech nuclear plant deal

Korea and the U.S. signed a MOU on nuclear energy export cooperation Thursday, which is expected to green-light a Korean consortium's construction of a nuclear power plant in the Czech Republic beginning in March next year.

2025-01-09

체코 안보보좌관, 웨스팅하우스•EDF 항의에도 한국과 원전 사업은 진행될 것

The Czech government is confident that the new nuclear deal with Korea Hydro & Nuclear Power (KHNP) will go through despite appeals from U.S. company Westinghouse Electric and French company EDF, the country's top security adviser said in an...

2024-09-11

웨스팅하우스, 한국 180억 달러 체코 원전 수주 항의

A U.S. nuclear energy firm has filed an appeal with the Czech Republic for picking a Korean company as the preferred bidder for a 24 trillion won ($18.1 billion) nuclear power project in the country, citing theft of technology and concerns about...

2024-09-04