Korea will launch an emergency management system to keep its nuclear power plant project in the Czech Republic on track following the breakdown of contract negotiations with a construction consortium, the industry ministry said Monday. Under the system, the government plans to draw up measures to keep the Czech project on track and prevent a recurrence of similar setbacks, according to the Ministry of Trade, Industry and Resources. The move comes after Korea Hydro & Nuclear Power Co. (KHNP), the country's state-run nuclear power operator, ended negotiations last week with a Korean consortium comprising Daewoo Engineering & Construction Co. and Doosan Enerbility Co. on a construction contract for the Dukovany nuclear power plant project, after failing to agree on key terms. The ministry is set to hold its first meeting on Monday to discuss follow-up measures. KHNP said it would formally conclude the negotiations and begin preparations for a new tender to select a construction contractor. The company aims to sign a contract with a new consortium by July 2027 to allow construction to begin i