"We are convinced that the investment is efficient and rewarding," Babis told a seminar in Valč in Třebíč on Thursday. He said it was not true that the government was considering only prolonging the life of the current four blocks of Dukovan.
CEZ is the largest energy company in the Czech Republic. The majority shareholder is a state that holds 70% of the shares through the Treasury. The Dukovany Nuclear Power Plant, with a total installed capacity of 2040 megawatts, covers one-fifth of the electricity consumption in the Czech Republic.
According to previous statements by the Minister of Industry and Commerce, Marty Novák, the state is evaluating the various options to finance the construction of new blocks, but one possibility is to extend the life of the nuclear power plant in Dukovany. The minister said in the past that the government will decide on funding by the end of this year.
The first Dukovan block has been in operation since 1985. The original life span was planned for 30 years, talking about the possibility of extending it up to 60 years.
Four years ago, ČEZ canceled the tender for the construction of Temelin because it did not receive state guarantees. Temelin has been in service for 18 years.
The construction of new nuclear blocs in the Czech Republic has shown interest in companies such as Russia, the USA, China or South Korea.