Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Fifth unit of Belmeken PSHPP has officially been opened

Photo: bntnews.bg

The rehabilitated 5th unit of the Belmeken Pumped Storage Hydro Power Plant (Belmeken PSHPP) has officially been opened by Prime Minister Nikolai Denkov and Energy Minister Rumen Radev, public service TV BNT reports.

The project is worth EUR 10 million, 70% of which from the Kozloduy fund, and manager of the programme is the European Bank, Minister Radev said. The first two units were made operational in 2022, another 2 - in 2023, and the last unit is being made operational now. In the past few years the role of these facilities has surpassed the expectations of the people who built them, and pumped storage hydro power plants are now part of the flexibility of our energy system, PM Denkov stated further. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Parliamentary groups comment on the country's accession to the Eurozone

Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..

published on 7/9/25 11:28 AM

The Ministry of Finance has launched an online calculator for the lev-euro exchange rate

An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..

published on 7/9/25 11:08 AM

ECOFIN allows Bulgaria and 14 other EU states to exceed the deficit limit for defence spending

The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...

published on 7/9/25 9:44 AM