CEZ Says Temelin Atomic Plant Bidders Must Improve Offers
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CEZ AS, the Czech state-controlled utility, said Westinghouse Electric Co. and a Russian-Czech group led by Rosatom Corp. must improve their offers to supply the Temelin nuclear plant in a deal valued at $10 billion.
Offers by both to construct two reactors need improvement “in all aspects,” CEZ spokesman Ladislav Kriz said in an e-mailed statement from Prague today. The Czech utility will meet with both companies for further discussions, according to the statement.