Belene

Škundrić: Serbia ready to take part in Belene project

Friday, October 15, 2010

Serbia is ready to consider participation in building of another Bulgarian NPP "Belene", but still awaits concrete offer, in writing, to be able to take concrete decision, announced today Serbian Ministry for Energy Petar Škundrić in interview for Bulgarian National Radio.

"Consent is given but we still didn't negotiated level of involvement in that project. I am expecting in near future offer of Bulgarian Government to enable us to take a decision" explained Mr Škundrić.

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Possible Chinese loan to Serbia for Serbian participation in Belene project

Monday, July 26, 2010

Chinese development Bank interested to finance Serbian participation in building NPP in Belene and in some other energy projects, announced today representatives of that Bank.

“We spoke about that project in Bulgaria, we are interested and there is obvious advance in that direction”, vice governor of CDBank Gao Jian told to media after talks with Serbian minister for Energy and Mining Mr Petar Skundric.

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Reversal: Czechs to build new nuclear reactors

Monday, July 26, 2010

Prague - The Greens did not manage to pass the 5 percent threshold in the late May legislative elections, which means there is virtually no opposition in the Lower Chamber of the Czech Parliament against plans on nuclear energy build-ups in the Czech Republic.

This means that the center-right coalition can easily implement its nuclear energy program, which includes building new reactors in the Temelín nuclear plant and modernizing the Dukovany nuclear plant.

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Bulgaria Caps Belene Nuclear Plant's Cost at $8.8 Billion, Borissov Says

Sunday, July 11, 2010

Bulgaria aims to limit the cost of the Belene nuclear plant being built by Russia’s ZAO Atomstroyexport to 7 billion euros ($8.8 billion), Prime Minister Boiko Borissov said.

Borissov met today with Russia’s First Deputy Prime Minister Viktor Zubkov in Sofia to discuss joint energy projects including construction of the 2,000-megawatt power plant on the Danube river, natural-gas supply and the South Stream gas pipeline from Russia to Western Europe via Bulgaria.

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Russia's Rosatom still interested in Belene - report

Thursday, October 29, 2009

One day after German utility RWE said that it was pulling out of the proposed Bulgarian nuclear power plant at Belene, Russia's state-owned nuclear corporation Rosatom said that it was still interested in taking a stake in the project, Russian business daily Vedomosti said on October 29.

Rosatom's interest in the plant, announced earlier by chief executive Sergey Kirienko, remained unchanged by RWE's announcement, Vedomosti quoted a company spokesperson as saying. The spokesperson did not provide further details, the newspaper said.

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RWE Has Terminated Belene Bulgarian Nuclear Plant

Thursday, October 29, 2009

FRANKFURT (Dow Jones) - German utility RWE AG Wednesday said it has terminated a joint venture agreement with Bulgaria's state-owned National Electricity Co., or NEK, due to problems with the financing of a nuclear power plant that was planned to be built near the town of Belene.

"We have terminated the joint venture agreement with NEK today because of problems financing the project," said Stephanie Schunck, spokeswoman for RWE's power generation unit RWE Power.

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GDF Suez drops Bulgarian nuclear reactor plan

Thursday, February 19, 2009

PARIS, Feb 18 (Reuters) - French utility GDF Suez has decided to pull out of Bulgaria's planned atomic power plant of Belene to focus on its other nuclear projects, a company spokesman said on Wednesday. GDF Suez's Belgian subsidiary Electrabel had been in talks to take part in German utility RWE's 49-percent stake in Bulgaria's 4 billion euro plant.

The Balkan country is building the 2,000 megawatt plant to help it regain its position as a major exporter in Southeast Europe and to reduce greenhouse gas emissions.

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NPP Belene meets highest requirements for third generation NPPs

Wednesday, November 19, 2008

NPP Belene meets the highest requirements for third generation NPPs, Harmut Pam, vice president of ‘Nuclear Power Plants’ department at RWE Power, said. The Bulgarian government has chosen RWE Power as the main investor in the construction of the second NPP in Bulgaria. Harmut Pam gave a lecture before the 3rd Annual European Conference on ‘Next NPPs generation’ currently taking place in Sofia. According to RWE Power’s strategy, NPP Belene will meet all safety and long-term exploitation requirements, Harmut Pam said.

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GDF Suez still eyes Bulgaria nuclear power project

Wednesday, November 19, 2008

SOFIA, Nov 18 (Reuters) - French power giant GDF Suez said on Tuesday it would decide whether to share a stake in a Bulgarian nuclear project with RWE after examining a deal agreed between the German utility and Sofia.

The Bulgarian government last month chose RWE to become a strategic partner for a 49 percent stake in the planned Belene plant and gave the option to split the stake with the second-listed bidder, Belgian Electrabel, owned by GDF Suez.

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Kozloduy nuclear power plant pays back loan

Sunday, November 16, 2008

Bulgaria's sole nuclear power plant at Kozloduy on the Danube River said on November 14 that it paid back early a $52.5 million loan to Russia's state-owned Roseximbank, which it took to upgrade its two working 1000MW reactors.

The reason for the early repayment of the loan, due in 2021, was avoiding currency risks, the plant said, as quoted by website mediapool.bg. The loan was denominated in US dollars, while its revenue was in leva and euro, the plant operator said.

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