The Government of the Czech Republic has reportedly agreed to offer an interest-free loan to state-controlled utility company CEZ, to help with construction costs of a nuclear power station. Reuters reported that the government hopes to replace the country’s aging coal and nuclear plants with the new power plant. CEZ will use the loan to construct a new nuclear power unit with approximately 1.2GW capacity at the existing Dukovany nuclear plant. The loan would cover 70% of the estimated project cost of around $6.9bn (€6bn), according to a government document seen by the news agency.
Power Technology 21st July 2020 read more »