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KHNP Exits Poland Nuclear Projects Amid Settlement Concerns

8/20/2025

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Summary

Story summary

Korea Hydro & Nuclear Power (KHNP) of South Korea has exited nuclear projects in Poland, its fourth departure from Europe since a January 2025 settlement with Westinghouse.
The settlement limits KHNP's bidding in North America and the EU, with an exception for the Czech Republic, where it has a contract for two nuclear units.
South Korea intends to reassess the agreement with Westinghouse due to concerns about its unfavorable conditions.

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Story summary

Korea Hydro & Nuclear Power (KHNP) of South Korea has exited nuclear projects in Poland, its fourth departure from Europe since a January 2025 settlement with Westinghouse.
The settlement limits KHNP's bidding in North America and the EU, with an exception for the Czech Republic, where it has a contract for two nuclear units.
South Korea intends to reassess the agreement with Westinghouse due to concerns about its unfavorable conditions.