Building New Unit at Bulgaria’s Kozloduy NPP Will Cost USD 5.3 B

Business » ENERGY | June 11, 2015, Thursday // 13:09
Bulgaria: Building New Unit at Bulgaria’s Kozloduy NPP Will Cost USD 5.3 B

The construction of a new generating unit at Bulgaria’s sole Kozloduy nuclear power plant (NPP) will cost USD 5.3 B.

The price had been specified diring a meeting between Energy MinisterTemenuzhka Petkova and the visiting Special Envoy to US Secretary of State John Kerry, Amos Hochstein, according to BGNES.

Bulgaria's government announced in July 2014 it had signed a shareholders agreement  with US-based Westinghouse for the construction of Kozloduy's Unit 7.

“At the meeting the final price of the Engineering, Procurement, Construction (EPC) contract had been specified, which puts an end to the speculation about the price,” the news oultelt reported.

Kozloduy operates two Russian-built units of 1,000 MW each, Unit 5 and Unit 6. The plant’s participation in the project for the construction of Unit 7 will amount to USD 400 M, according to BGNES.

 

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Tags:     Bulgaria, Kozloduy, nuclear, power plant,  US, Hochstein, Petkova  

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