Bulgaria Nuclear Debate Resumes

Friday, December 7, 2007

Sofia - 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.

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Units 5-6 of NPP Kozlodui Among the World's Best

Tuesday, December 4, 2007

Blaga Bangieva (, 30.11.2007) - The modernization of units 5 and 6 of nuclear power plant Kozlodui costs 491 million EUR, stated Ivan Genov, executive director of the association on a meeting in Kozlodui by the occasion of the 20th anniversary of unit 5.

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Kozloduy sells 80% electricity directly to companies

Tuesday, December 4, 2007

Mon 03 Dec 2007 - Rene Beekman, SOFIA ECHO

Kozloduy nuclear power plant (NPP) sold close to 530 megawatts electricity on the free market, of which only 80 megawatts went to the National Electricity Company (NEC).

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Nuclear ambitions fan controversy in Bulgaria

Monday, November 5, 2007

SOFIA: As governments around the world struggle to secure energy supplies, cut carbon emissions and adapt to rising oil prices, Bulgaria has adopted an ambitious solution: Construct a new nuclear power plant, the country’s second, near the northern town of Belene, across the Danube from Romania.

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Bulgaria Doubles State Guarantees for Belene Nuke Construction

Monday, October 22, 2007

18 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.

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BNP Paribas and Bulgaria's Belene

Monday, May 21, 2007

BNP Paribas (BNPP) won the first competition for financing Belene, reported ITAR-TASS on May 14. The bank said that, together with other partners, it would provide the 250 million euro loan needed to start construction.

BNPP defeated 10 other competitors in winning the tender for the funding. In April 2007, the National Electricity Company (NEC) announced the procedure on choosing a bank to give the first loan. The money is planned to be used for planning, acquisition of equipment and construction during the first year of the project.

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