Foreign Investor Eyes Bulgarian NPP Project Party Official Says

Foreign Investor Eyes Bulgarian NPP Project Party Official Says
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Πεμ, 8 Ιανουαρίου 2015 - 16:37
An unnamed foreign investor is interested in a project for the construction of a 2,000 megawatt nuclear power plant (NPP) in Bulgaria, local media reported on Wednesday quoting a senior official of the left-wing ABV party.
An unnamed foreign investor is interested in a project for the construction of a 2,000 megawatt nuclear power plant (NPP) in Bulgaria, local media reported on Wednesday quoting a senior official of the left-wing ABV party.

The potential investor, a non-Russian, does not seek from the government any financial guarantees nor commitments regarding the purchase of electricity generated by the planned NPP, state-run Bulgarian news agency BTA quoted Rumen Petkov, deputy chairman of left-wing ABV party, as telling journalists.

The investor has senta letter to the government to declare his interest in the project and request a meeting, Petkov also said.

The Belene NPP project, launched in the late 1980s, had been frozen for nearly two decades before Bulgaria hired Russia's Atomstroyexport in 2008 to build the NPP. However, after the venture made little progress due to pricing disagreements between Bulgaria and Russia, the government in Sofia decided to halt the project over concerns about its economic feasibility and instead explore the opportunities to add a new unit at its existing NPP in Kozloduy.

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