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BGN 22 M Approved for Decommissioning of Kozloduy NPP 1-4 Units

Business » ENERGY | July 2, 2014, Wednesday // 17:23| Views: 887 | Comments: 0
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Bulgaria: BGN 22 M Approved for Decommissioning of Kozloduy NPP 1-4 Units Bulgaria's Kozloduy nuclear power plant, photo by BGNES

Bulgaria's government has given green light to the Economy Ministry to spend additional BGN 22 M on decommissioning four units of the Kozloduy NPP.

The money has already been projected in the central budget for 2014, website Investor.bg reports.

Kozloduy NPP's Units 1 to 4 are envisaged to be completely decommissioned by 2030, after a 2008 decision of the Council of Ministers was reconfirmed in 2012.

Aid from the EU is also to be put aside for the activity, with EUR 293 M approved by the European Parliament in 2013.

EU funds will be allocated under the 2014-2020 program.

Closing down of the four units was part of the EU's conditionality during Bulgaria's accession talks, as Brussels argued their reactors did not meet modern standards.

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Tags: Kozloduy NPP, EU, Bulgaria, decommissioning, Economy Ministry
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