Bulgaria, Westinghouse Ink Deal on Kozloduy NPP
The state Bulgarian Energy Holding (BEH) and US company Westinghouse have inked a deal for coordination of parameters for a new reactor at Bulgaria's Kozloduy NPP.
The contract was signed by BEH representatives and Westinghouse CEO Danny Roderick in the presence of Bulgarian PM Plamen Oresharski in Sofia Thursday
Oresharski explained that the agreement sets a deadline of 9 months for preparatory work on the technical, financial and economic parameters of the project.
He expressed his hopes that this preparatory work can be compeled ahead of that time.
On his part, Westinghouse CEO Danny Roderick said his company is committed to efficiently and transparently complete the project, which he views as highly positive for Bulgaria's economic growth and energy security.
The decision to negotiate with Westinghouse on the planned new Unit 7 of Kozloduy NPP was formally adopted by the Bulgarian cabinet on Wednesday, after plans for that were announced over the fall.
- » Bulgaria to Present Balkan Gas Hub Options Next Week
- » CGN shows interest in Bulgaria's Belene Project
- » Bulgaria, Azerbaijan to Discuss Expansion of Trade, Economic Links Next Month
- » Bulgargaz Proposes 3.4% Increase of Gas Price for Q4 2016
- » Bulgaria PM: Belene N-Plant Should Be Built Privately with State Help
- » South Stream, Turkish Stream Are No Rival Projects - Russia Energy Min