Belene nuclear power plant can be constructed in 8 years and would cost nearly EUR 9 billion, the analysis of the Bulgarian Ministry of Energy reads. Bulgaria’s Minister of Energy Temenuzhka Petkova told the National Assembly Energy Committee that the new nuclear facility will be financed with 20% equity and 80% borrowed capital. According to the mandatory condition to the future strategic investors, Bulgaria must participate in this project in the form of a contribution in kind (the money invested by the National Electricity Company until now). The plans also envisage that 1/3 of the construction activities will be done by Bulgarian companies.
The liberalisation of electricity prices for households has been postponed indefinitely. Even after 1 July, the Energy and Water Regulatory Commission (EWRC) will continue to set the price, as MPs approved amendments to the Energy Act in the second..
The nationalist party is holding an event at the National Palace of Culture (NDK) in Sofia today at 6:30 pm, which is being promoted as a discussion on 'saving the lev' (the Bulgarian currency - ed.) Among the participants will be the party’s MEP..
The Minister of Economy and Industry, Petar Dilov, met with Chris Barton, His Majesty's Trade Commissioner for Europe , who is currently visiting Bulgaria on an official trip. The meeting was also attended by His Excellency Nathaniel Copsey, the United..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at..
"The Untamed" is the name of the team comprising four rowers from the boat Rannoch 45 '' Rose'' , who have set off from the western coast of Australia..
On Monday, the lowest temperatures will range between 5°C and 10°C, around 5°C in Sofia. It will be mostly sunny in the morning, but around and after..
Partly cloudy, chance of rain
Clear
Partly Cloudy
Mostly Cloudy