Tag: NEK

State-owned producers to offer more electricity on IBEX – Bulgaria, 15 January 2019

Bulgarian Minister of Energy Temenuzhka Petkova said that state-owned energy companies have committed to offer an extra amount of electricity on the day-ahead market on the Independent Bulgarian Energy Exchange (IBEX) in an attempt to stabilize trading. Thiswas a result of a meeting with energy busi Full article available for subscribers of Energy NEWS service […]

NEK launched a tender for HPP Devin rehabilitation – Bulgaria, 19 November 2018

Bulgarian National Electricity Company (NEK) said it has launched a tender for the rehabilitation of hydropower plant Devin, namely its unit 2, worth around 1.1 million euros. The statement from the company said that works on the rehabilitation are expected to be completed within 315 days from th Full article available for subscribers of Energy […]

TPP Maritsa East 2 continues to accumulate losses – Bulgaria, 06 November 2018

Bulgarian state-owned thermal power plant Maritsa East 2 recorded significantly increased losses in the first nine months of 2018 due to increased costs of purchasing emission allowances. According to the company’s financial report, it recorded a net loss in the amount of 135.8 million euros in t Full article available for subscribers of Energy NEWS […]