NMS II STANDS ON NEW ENERGY LAW

Business | June 4, 2001, Monday // 00:00

In the energy sector NMS II will insist on adopting new strategy and laws. King`s party declares its intentions to leave the parliament if it fails to pass a new Energy law after the elections, NMS II expert Vladimir Karolev, said. The National Electricity Company, the only BG power supplier, should be dissolved, he added. NMS II is not going to revise the contracts with the US companies, AES and Entergy for the expansion and rehabilitation of TPPs Maritsa East 1 and 3, which were approved by the Cabinet last week and is expected to be concluded before the elections June 17. The king`s experts expressed their concerns about the unknown owner of the 12% of the AES and high electricity prices.

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