Investing.com -- The signing of a contract between a Czech state-controlled energy company and South Korea’s KHNP to construct a nuclear power plant may be postponed until after the Czech parliamentary elections in October, according to Prime Minister Petr Fiala’s statement on Tuesday.

The completion date for the first unit of the nuclear power plant remains set for 2036, as per the same report.

The contract, worth $18 billion, was initially scheduled for signing on May 7. However, it has been delayed due to a court injunction in the Czech Republic. The injunction was issued in response to a complaint by France’s EDF (EPA: EDF ), which lost a tender for the contract to South Korea’s KHNP.

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