Tag: Varna

Dogan acquired 70 % stake in SIGDA – Bulgaria, 13 September 2018

Leader of the Bulgarian DPS party Ahmed Dogan has acquired 70 % stake in logistics company SIGDA, which has bought thermal power plant Varna from CEZ last year. SIGDA was previously 100 % owned by Ivelina and Stanislav Papazov, daughter and son of former Bulgarian Minister of Transportation Danai Full article available for subscribers of […]

TPP Varna enters electricity market as a trader – Bulgaria, 1 June 2018

Bulgarian thermal power plant will enter electricity market as a trader. At this stage, it plans to operate only on the wholesale market and has no interest in supplying electricity to end consumers. According to its business plan, TPP Varna expects to trade electricity in the volume of some 40,000 MWh in 2018, with the […]

TPP Varna won cold reserve tender – Bulgaria, 9 May 2018

Bulgarian electricity transmission system operator ESO announced that thermal power plant Varna has won a tender for the supply of 166 MW of installed capacity for cold reserve during the period between 1 May and 31 July. According to data published by ESO, TPP Varna was the sole participant in the tender, with the offer […]