For years, now, preparations for the construction of a new reactor block at the Dukovany nuclear power plant in the Czech Republic has been delayed by uncertainty over how to finance the project. This appears to have cleared up now by an agreement that the state will lend 70 percent of the amount needed for construction to CEZ, the partially state-owned power company. The budget for the project is currently estimated at €6 billion. The project is now envisioned through a build-to-suit contract structure to allow for control over subcontractors, according to the daily Lidove noviny. A contractor should be picked by the end of 2022, but it would take until 2024 to sign the final contract for the project. That would allow for construction to begin by 2029 and for electricity to begin flowing in 2036.
