Bulgaria's Energy Watchdog Forecasts Another Electricity Price Hike
By the end of this year the electricity prices in Bulgaria might rise again, Ilian Iliev, member of the energy watchdog DKEVR told the Bulgarian National Television.
According to him, it probably will not be more than 3% and would most likely happen in October.
The price hike is necessary in order to cover the deficit of the National Electricity Company (NEK).
DKEVR calculations show that the profits in the next five years could cover a deficit of BGN 1 B.
- » Consultative Council on South Gas Corridor To Meet in Baku
- » Azerbaijan Waiting for Bulgaria To Construct Gas Link With Greece
- » KEVR: Bulgargaz' Demand for 32% Hike in Gas Prices Is Unjustifiably High
- » Bulgaria 'Seeking South Stream Project Revival'
- » South Stream Project Will Be Carried Out, Russian Official Says
- » EVN, NEK Settle Old, Multi-million Dispute