Snow-Induced Power Outages Hit 20 Villages in Smolyan
Amidst heavy snowfall in the Smolyan region, 20 villages and hamlets grapple with partial or complete power outages due to incidents caused by the severe weather conditions
EVN Confirms Talks for Majority Stake in Bulgaria Thermal Plant
- Tweet
Send to Kindle
Talks about the sale of Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, emerged for the first time at the beginning of March. Photo by klassa.bg
Austria's utility EVN has confirmed it is holding talks for the acquisition of a majority stake in Bulgaria’s Maritsa East 3 coal-fired power plant.
The Executive Director of Italy energy giant Enel, Fulvio Conti, announced in March that the company is considering the sale of its 73% stake in Maritsa East 3.
“Enel is currently holding talks with many companies and EVN is just one of them,” a spokesman for the Austrian company said.
British utility International Power, US power producer AES Corp. and Russia's state power trader Inter RAO are also said to have shown interest in acquiring Enel majority stake in Maritsa East 3.
A year ago Enel increased the capacity of Maritsa East Three plant to 908 megawatts, up from 840 MW, and also put new desulphurisation installations on the plant's four units.
Experts comment that the potential buyer is probably eying a 100% stake in the plant, in which the state owns a 27% stake. The rumors were fanned by a statement of Energy and Economy Minister Traicho Traikov, who recently announced that the state can land EUR 200 M from the sale of its stake in the plant.
The plant is located in the Maritsa East lignite coal mining complex in southern Bulgaria.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
For the first Nine Months of 2022, St. Nikola Wind Farm generated 7% more Energy Y/Y
In September, the largest wind farm in Bulgaria registered growth in green energy generation of 13% compared to August
Thanks to ContourGlobal Maritsa East 3 TPP, the Lives of the Galabovo People Improved in the Past Decade
There are no noisy tram cars and no neon signs in the town of Galabovo – 250 km off the capital city and 70 km off the regional center Stara Zagora and the border with Turkey
Business | September 2, 2022, Friday // 21:25
AES’ TPP in Galabovo with New Power Production Record in July
In July, AES’ TPP in Galabovo marked a new record in its power output. The most modern coal-fired power plant in the state provided 370 725MWh of reliable energy for Bulgarian consumers
Archaeological Finds Discovered During EVN's Excavation Activities
Remnants of a Roman dwelling with a clay pipeline, as well as a grave, found collaborators of EVN in excavation activities in the centre of Plovdiv - on "G.
KEVR Approved Electricity Prices for Customers of EVN Bulgaria from 1 July 2019
In its decision № CC-19 dated July 1, 2019, the Energy and Water Regulatory Commission (KEVR) approved new electricity prices for household and non-residential customers connected to a low-voltage grid in Southeastern Bulgaria in force since 01.
Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil Prices Surge Amid Middle East Tensions
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
Bulgaria Sees Surge in Solar Power and Coal Plant Decline in 2023 Electricity Report
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
