The decision was made following an announcement made by the Czech utility, CEZ, to cancel the tender process which the group was unfairly excluded from in 2012, Areva said.

Areva central and eastern Europe vice-president and director Jean-André Barbosa said, "Although the initial tender process for the Temelin nuclear power plant has been cancelled, the energy needs of the Czech Republic remain the same.

"By withdrawing this appeal, we would like for our relationships with local partners to have new start."

"AREVA hopes that the future will bring new opportunities for cooperation in the energy sector, and we remain engaged in supporting both Czech companies and authorities in meeting their energy challenges," Barbosa said.