Tag: NEK

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 […]

NEK published 21.5 million euros security services tender – Bulgaria, 12 October 2018

Bulgarian state-owned National Electricity Company (NEK) has published a tender for the provision of 24-hour armed security services in the next four years, worth some 21.5 million euros. The statement from the company said that the tender is divided into seven lots, each of which concerns provid Full article available for subscribers of Energy NEWS […]

NEK loses arbitration with NPP Belene consultant – Bulgaria, 17 September 2018

Bulgarian state-owned National Electricity Company (NEK) has lost an arbitration lawsuit filed by WorleyParsons, a consultant for the nuclear power plant Belene project, which was awarded 31.6 million euros in damages. CEO of NEK Petar Iliev said that there was no doubt that NEK would lose the ar Full article available for subscribers of Energy […]