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10 COMPANIES SHOW INTEREST IN BULGARIAS BELENE NUKE
11:31 Thu 14 Jun 2007
 

Financial Times reported that 10 European companies were interested in becoming strategic investors in Bulgarias Belene nuclear power plant (NPP) project.

The project is worth two billion euro, the report said.

Among the interested entities are nuclear operators from France, the Czech Republic and Germany.

These companies will compete for 49 per cent of the project shares. Belene NPP will be state-controlled project.

National Electric Company (NEC) will hold the other 51 per cent of the shares and will have the right to buy the full power plant output in the coming 15 years.

Financial Times reported that Belene will be used to compensate for the closure of units of Bulgarias Kozloduy NPP. Reactors were shut down to meet EU accession requirements.

Belene aims at reducing our reliance on oil and gas supplies, which come from Russia. Our policy is fully consistent with EU priorities, Prime Minister Sergei Stanishev said.

 
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