NEK launched tender for the rehabilitation of 3 HPPs - Bulgaria, 19 September 2017  |  OMV Petrom to invest 70 million euros in Black Sea drillings - Romania, 19 September 2017  |  Eastern European and Chinese investors interested in PPC’s coal-fired units - Greece, 18 September 2017  |  Chinese companies interested in TPP Kamengrad project - Bosnia and Herzegovina, 18 September 2017  |  ELEM to increase domestic electricity production - Macedonia, 17 September 2017  |  Rosatom to start construction of NPP Akkuyu in early 2018 - Turkey, 15 September 2017  |  Jedinstvo to build flue gas desulfurization facility at TENT A - Serbia, 15 September 2017  |  Hidroelectrica to pay additional 142 million euros in dividends - Romania, 15 September 2017  |  EBRD continues negotiations with BSOG - Romania, 15 September 2017  |  Government to investigate the operation of ANRE - Romania, 15 September 2017  |  Court decision on the block of A2A shares in EPCG expected in 8 days - Montenegro, 15 September 2017  |  Contract for the construction of HPP Mitsovitikos awarded - Greece, 15 September 2017  |  All options for the sale of CEZ’ Bulgarian assets are still viable - Bulgaria, 15 September 2017  |  Employers’ associations against increased gas transmission fees - Bulgaria, 15 September 2017  |  Bosnia and Herzegovina, 15.09. Loan agreement for unit 7 at TPP Tuzla to be concluded in two months  |  TAP to award majority of operation contracts in 2018 - Region, 15 September 2017  |  Country Reports: September 2017 update available  |  Forecast: HUPX OCTOBER 2017 Forecast available  |  Bulgaria, Greece and Serbia to cooperate on regional gas market liberalization - Region, 7 September 2017  |  Number of eligible consumers increased by 1 % in August - Turkey, 6 September 2017

State’s participation in NPP Belene privatization would be minimal – Bulgaria, 15 June 2017

Answering the question on the future of nuclear power plant Belene project, Bulgarian Minister of Energy Temenuzhka Petkova said at the Conference on Strategic Infrastructure and Investment that the state has already invested over 700 million euros in the construction site of the plant, while 600 million euros was paid to Russian Atomstroyexport in late 2016 as part of the arbitration ruling.
Minister Petkova said that there is a licensed construction site for the nuclear plant and that the responsible state position would be to utilize it in the best possible way, given that so much of the taxpayers’ money has already been spent. She recalled that the Bulgarian Academy of Sciences was tasked to develop a feasibility study for the new NPP Belene project and the results are expected in September, after which a decision will be made. She added that the Government expects a lot of investor interest in the project, adding that the procedure will be public and transparent, while the state will participate with a minority stake, without long-term contracts for the purchase of electricity. The participation will be minimal, but it is necessary in order to somehow control the process. She added that if there are no interested investors in this project, the Government will look for another solution, which also include the construction of a new unit at the existing NPP Kozloduy.

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