Tag: NEK

Minister Petkova to discuss NPP Belene payment in Moscow – Bulgaria, 13 October 2016

Bulgarian Minister of Energy Temenuzhka Petkova will attend the meeting of the Russian-Bulgarian working group, which is focused on the issues related to the implementation of the NPP Belene arbitration ruling, in Moscow. This is the group’s second meeting, after the meeting in Sofia in early September. In mid-June, the Arbitration Court in Geneve has […]

Parliament to investigate debt for NPP Belene project – Bulgaria, 7 October 2016

Bulgarian parliamentary parties GERB, the Patriotic Front, the Reformist Bloc and BDTS-Naroden Sayuz have submitted a proposal for the establishment of a temporary parliamentary investigation committee for the cancelled project for the construction of nuclear power plant Belene. The goal of this committee will be to investigate all circumstances under which the debt for NPP […]

State aid to NEK mildly positive for BEH’s rating – Bulgaria, 3 October 2016

The ratings company Fitch Ratings said in the statement that an interest-free loan from the Bulgarian state to National Electric Company (NEK) for the NPP Belene arbitration payment is mildly positive for the rating of Bulgarian Energy Holding (BEH), which NEK is a subsidiary of. Last week, The Bulgarian Parliament has approved a draft bill […]