SOURCE: Dnevnik (Bulgaria)
The Kozloduy International Decommissioning Support Fund (KIDSF), administered by the European Bank for Reconstruction and Development (EBRD), will grant 39 mln euro ($53.1 mln) to Bulgaria for the construction of a thermal power plant on the site of the Kozloduy nuclear plant, Dnevnik daily reported on July 8, 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.
Dnevnik (Bulgaria) The nuclear decommissioning fund will pay for the transportation of the spent nuclear fuel from Bulgarian nuclear power plant (NPP) Kozloduy's small units under the NPP proposal for amendments to an energy ministry ordinance.
Tirana, 2 March 07 (AENews) – "Bureaucracy and lose of time", were the main topics during a press conference held by ASG power today in Tirana. The company presented its plans to build a thermal power plant, a gas pipeline from Albania to Italy and other energy related facilities. The project is estimated to cost USD 2.3bn. This is the biggest investment in the whole of the Balkan region since the collapse of communism, according to the company.
The fifth block of the Kozlodui Nuclear Power Plant will re-open after the planned June 15 closure only if the Russian company Hydropress that constructed the plant guarantees there will be no more failures of the security system.
The Bulgarian government has agreed to close four of the six nuclear reactors at its Kozloduy plant by 2006 at the latest, the European Commission said today. The accord means all eight reactors classed as dangerous and "unupgradeable" that are located in countries due to join the EU will be decommissioned within a decade.
The EU has repeatedly stressed that the closure of the four Kozloduy reactors by 2002 would be a condition of Bulgaria's eventual entry into the bloc. But the Bulgarian government recently passed a law which would have seen the last reactor decommissioned only in 2010.
