The Largest Thermal Power Plant in Kyiv Region has been Destroyed by the Russians
Amid escalating tensions, the Trypilska thermal power plant in the Kyiv region fell victim to devastating Russian strikes, leaving it in ruins
Bulgaria's Commission on Protection of Competition (CPC) has fined three companies which participated in the construction of desulphurization installations at the state-owned thermal power plant Maritsa East 2.
Consortium Idreco-Insigma, Zhejiang Zheda Insigma Group Co., Ltd, and Idreco Invest have been fined with BGN 50 000 each, according to CPC's announcement.
Consortium Idreco-Insigma won the public procuirement contract for building the desulphurisation equipment with financing from EU funds and the European Bank for Development and Reconstruction (EBRD).
French Alstom, however, complained to EU's anti-fraud office Olaf that the consortium had stolen its technology to win the tender
Alstom sued Chinese Insigma in Singapore to pay close to USD 30 M for unauthorized use of the technology.
Bulgaria's CPC has found that Consortium Idreco-Insigma, Zhejiang Zheda Insigma Group Co., Ltd and Idreco Invest have presented false data in their bids for the above mentioned tender.
According to CPC, the skewed information has allowed the opposing parties to gain an unfair advantage which affected the decision of the assignor, at the same time damaging the interests of their competitor.
If the bidders had submitted truthful documents, they would have been removed from the tender process and would not have won the contract, CPC has said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The European Commission initiated a new infringement procedure against Bulgaria on Thursday for failing to submit a report on the energy performance of buildings as required by the directive
During his recent visit to Washington, Bulgarian Energy Minister Vladimir Malinov engaged in crucial discussions at the US State Department
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU