London (Platts)--21Jan2008
Russia is offering to loan Bulgaria 3.8 billion Euros (US$5.5 billion) for construction of two 1,000-MW-class reactors at Belene, a spokeswoman for Atomstroyexport, or ASE, said January 18.
Atomenergoprom
Russia offers Bulgaria 3.8 billion Euros loan for new builds
Tuesday, January 22, 2008
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Russian Contractors Decide to Raise Belene NPP Electricity Price
Tuesday, January 8, 2008The electricity that NPP Belene will generate when finished will cost at least 4.5 euro-cents per kilowatt-hour, which is by one euro-cent more than the price initially announced by Atomstroyexport. The consumers' price of the electricity from NPP Belene is still uncalculated
Bulgaria seeks better offers for new nuclear plant
Thursday, December 20, 2007Thu Dec 20, 2007 8:04am EST
SOFIA, Dec 20 (Reuters) - Bulgaria's state power utility NEK said on Thursday it had asked strategic investors to file improved offers to acquire a 49-percent stake in a planned new nuclear power plant by Jan. 9.
NEK executive director Lyubomir Velkov told reporters all five short-listed bidders had been invited to sweeten their bids for the 2,000 megawatt, 4.0 billion euro ($5.75 billion) power plant at the Danube river town of Belene.
Russian atomic power chief hails new plant in China
Monday, December 17, 2007MOSCOW (Thomson Financial) - Russia and China will inaugurate an atomic power station in Jiangsu province on December 20, as Moscow steps up construction of such stations worldwide, a top Russian official has said.
The head of Russian atomic power station contractor Atomstroiexport, Sergei Shmatko, told journalists Russia was shaking off the stigma attached to its nuclear industry after the Soviet-era Chernobyl nuclear disaster in 1986 and was in talks with European and Asian countries.
Bulgaria To Start Building Belene Nuke in 2009 - Official
Tuesday, December 11, 2007(Novinite) Bulgaria will be able to start construction works on the planned Belene nuclear power plant no sooner than 2009, the head of the country's nuclear regulator said on Monday.
The regulator is yet to rule on the technical details of the project and the proposed safety measures, said Sergey Tsochev, who chairs Bulgaria's Nuclear Regulation Agency.
EU says favours new Bulgarian nuclear power plant
Friday, December 7, 2007Fri Dec 7, 2007 2:13pm GMT
BRUSSELS, Dec 7 (Reuters) - The European Commission gave a green light o the construction of a new, 4-billion-euro ($5.82 billion) nuclear power plant in Bulgaria with capacity of 2,000 megawatts, it said on Friday.
"The Commission has decided today to give a favourable opinion to the initiative of Natsionalna Elektricheska Kompania (NETC) of Bulgaria to build a new nuclear power plant at the site of Belene," the EU executive said in a statement.
Bulgaria Nuclear Debate Resumes
Friday, December 7, 2007Sofia - Opponents of Bulgaria’s controversial planned nuclear power station at Belene have asked the European Commission to oppose its construction, according to Bulgarian media reports on Monday.Work on building two 1,000 megawatts reactors at Belene, near Bulgaria’s northern border with Romania, was initially approved in 1981, but the construction project was abandoned in 1990 when many communist-era investment projects were reviewed.
Atomstroyexport in talks to build nuclear plant in Belarus
Wednesday, November 28, 2007MOSCOW, November 26 (RIA Novosti) - Atomstroyexport, Russia's nuclear power equipment and service export monopoly, has begun talks on building a nuclear power plant in Belarus, the company's first vice president said on Monday.
Belarusian President Alexander Lukashenko announced in October that his country would build a nuclear plant to ensure energy security.
Russia to supply 7 kg of nuclear fuel for Ukraine test reactor
Monday, November 5, 2007MOSCOW, November 1 (RIA Novosti) - Russian state-run nuclear fuel producer TVEL will supply 7 kilograms of low enriched uranium to a research reactor in Ukraine in 2008, the company announced on Thursday.
The nuclear fuel will be delivered under a Russian-U.S. program, Reduced Enrichment for Research and Test Reactors (RERTR), aimed at developing technical methods to convert reactors from the use of highly-enriched uranium (HEU), which can be used in atom bombs, to low enriched uranium (LEU).
Bulgaria Doubles State Guarantees for Belene Nuke Construction
Monday, October 22, 200718 October 2007, Thursday
PM Stanishev (left) and Finance Minister Oresharski (right) have both backed the project to the hilt so far, and Bulgaria's low foreign debt allows the cabinet to underwrite the loans.
Bulgaria's cabinet decided on Monday to double the amount of debt it is willing to guarantee for the construction of the country's second nuclear power plant at Belene.
