Bulgaria's Belene N-plant - Not at Any Cost

Business | October 3, 2004, Sunday // 00:00| Views: | Comments: 0
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Bulgaria's Belene N-plant - Not at Any Cost The construction of Bulgaria’s Belene nuclear plant is a major investment, which will be implemented only with safe funding, according to Energy Minister Milko Kovachev. Photo by Yuliana Nikolova (novinite.com)

Bulgaria pledged to start the construction of its second nuclear power plant only provided that the supplier meets the safety requirement and offers a reasonable price of the electricity produced.

The construction of Bulgaria's Belene nuclear plant is a major investment, which will be implemented only with safe funding, Energy Minister Milko Kovachev told private TV channel bTV.

We won't build Belene at all costs, he underlined.

Bulgaria has recently revived the plan to build a second nuclear power plant on the Danube river a decade after it was shelved amid protests from environmentalists.

The move came in response to the closure of two units at Kozloduy in 2002. The shut-down of the two oldest units came after many years of concern over their safety, strong pressure from the European Union, protests from the nuclear lobby and opposition parties that the reactors are economically necessary.
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