Bulgaria to build new generating unit at Kozloduy nuclear power plant.

By bne IntelliNews April 12, 2012
The government made a decision to build a new generating unit at Kozloduy nuclear power plant, finance minister Simeon Dyankov said, as quoted by BTA. The new facility will be designed and built without any government guarantees or taxpayers' money, Djankov said. The government will install the 1,000 MW nuclear reactor, already produced by Russia's Rosatom, for the Belene project at the site of the operating nuclear plant in Kozloduy. At end-March, the parliament approved the decision of the government to scrap the project for construction of a 2,000 MW nuclear power plant in the Danube town of Belene, due to the high price and the lack of European strategic investor.

Related Articles

EC urges Bulgaria to comply with EU rules on free movement of capital.

The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more

Govt seeks delay of antitrust rules violation procedure against Bulgaria.

Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more

Bulgarians hold EUR 100mn in deposits in Cyprus.

Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more

Dismiss