Nuke Plant Awaits Financial Consultant

Business | August 31, 2004, Tuesday // 00:00| Views: | Comments: 0
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An international tender for hiring a financial consultant at the construction of Bulgaria's second nuclear plant kicked off on Tuesday.

The prospective applicants should be international investment banks and/or consultancy companies with a considerable experience in the structuring and financing of large energy projects, including nuclear power, according to the notice published in the State Gazette by the National Electricity Transmission Company (NETC).

The construction of the Belene nuclear plant, unfrozen last December, was estimated at an approximate cost of 1-2 billion dollars.

Prospective financing consultants should have annual revenue from consultancy services amounting to least 20 million euros over the last three years, the notices says.

Applicants are invited to submit their bids not later than 12 am local time on October 18. The filed bids will be officially opened two hours later the same day.
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