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The abandoned Belene NPP site

Will the clock on the interest due for Belene NPP stop ticking any time soon?

Energy Minister Temenuzhka Petkova left for Moscow on Thursday to meet with the management of the Russian Rosatom State Atomic Energy Corporation, which, as owner of Atomstroyexport filed a claim against the National Electric Company (NEC) in June as..

15.10.16 07:05 |
Energy Minister Temenuzhka Petkova

Minister Temenuzhka Petkova: Bulgaria wants to pay Russia for the Belene reactor by the end of the year

Energy Minister Temenuzhka Petkova has returned from Moscow where she took part in a meeting of the joint working group set up in connection with the ruling of the Court of Arbitration on the aborted Belene NPP. “I hope that things will have been..

14.10.16 16:17 |
the abandoned Belene NPP construction site

National Electric Company will not appeal court of arbitration ruling on Belene NPP

On the advice of the White & Case law firm, the National Electric Company (NEC) of Bulgaria has decided not to appeal the ruling of the International Court of Arbitration on the Belene NNP case. The Russian Atomstroyexport has lodged a total..

29.09.16 11:03 |
The abandoned Belene NPP site

Parliament approves state aid for National Electric Company over Belene NPP

The National Assembly approved, at second reading, the loan for the National Electric Company (NEC) for paying the Russian Atomstroyexport for the equipment manufactured for the aborted Belene NPP project, as ruled by the Court of Arbitration...

28.09.16 12:45 |

Bulgaria’s cabinet to look for investor for Belene NPP

It is not to the interest of Bulgaria to sell the nuclear equipment for Belene NPP after the country pays off its debt to Atomstroyexport. We are to look for a private investor, in order to complete that project, Bulgaria’s Minister of Energy..

27.09.16 17:33 |

Parliament votes to pay Russia for Belene NPP equipment

Bulgarian parliament adopted a bill at first reading, authorizing the government to loan the National Electric Company the money for paying the Russian Atomstroyexport company for the equipment it has manufactured for the aborted Belene NPP. The..

21.09.16 15:15 |

Payments for Belene NPP urgently discussed in Bulgarian parliament

An approved bill that is to provide state aid for payment of debts of the Natsionalna Elektricheska Kompania EAD (NEK) is discussed today at first reading in the National Assembly. The draft envisages that the electricity company would receive money from..

21.09.16 09:20 |

China shows interest in Bulgarian energy projects

Bulgarian Minister of Energy, Temenuzhka Petkova, has met with representatives of the China General Nuclear Power Group (CGN), it was reported. The meeting was held at the initiative of the Chinese side and talks focused on potential cooperation in the..

25.08.16 10:20 |

Boyko Borissov: Bulgarian political class must unite so big energy projects may be accomplished

In an extensive statement on the subject, the Bulgarian Prime Minister spoke about the EUR 553 million Bulgaria has to pay as compensation for two reactors f ollowing a ruling by the Court of Arbitration in Geneva. “On the other hand,” he said..

06.08.16 13:32 |

Bulgaria and Russia try to find solution to Belene problem

The Bulgarian and the Russian side are setting up a joint working group to look into possible options regarding the Belene NPP project , after in mid-June, the Court of Arbitration in Geneva ruled that Bulgaria pay Atomstroyexport EUR 550 million in..

29.07.16 14:48 |
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