NPP Belene Construction Site Awaits OK May'06

Business | December 13, 2005, Tuesday // 00:00| Views: | Comments: 0
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The construction site of Bulgaria's second nuclear power plant Belene is likely to receive the approval by the regulator in May next year.

According to the chairman of the Nuclear Regulatory Agency Sergey Tsochev, by June next year the agency will prepare all necessary paperwork regarding the project of the new power plant.

During a press conference on Tuesday, Tsochev recommended that the funds supplied by the EU for Kozloduy's units 3 and 4 decommissioning should be governed more flexibly.

As of today, the fund stores some BGN 700 M (approximately EUR 350 M) for nuclear units decommissioning and another BGN 100 M (approximately EUR 50 M) for radioactive leftovers management.

To decommission all units of NPP Kozloduy until 2030 Bulgaria will need BGN 5-6 B (approximately EUR 3 M), Tsochev said.
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