Bulgaria Extends NPP Contract with Russian Atomstroyexport

Business » ENERGY | October 12, 2010, Tuesday // 16:29
Bulgaria: Bulgaria Extends NPP Contract with Russian Atomstroyexport Photo of the Belene NPP site by BGNES.

Bulgaria has extended by six months the contract with Russian company Atomstroyexport for the construction of stalled Belene NPP, confirming earlier reports.

The Bulgarian Energy Holding has extended its Atomstroyexport contract, which expired September 30, by six months, ending March 31, 2011, as reported by Dnevnik.bg.

There has been persisting unclarity whether the Belene NPP will eventually be constructed, over withdrawal of earlier investor, German RWE, and lack of clear government commitment earlier this summer.

The Bulgarian government has of late warmed up on Belene again. This far, the only concrete investment interest has come from Russia, with some suggestions for possible involvement on the part of China too. The Bulgarian government has expressed the wish to attract a European investor.

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Tags: Atomstroyexport, Belene NPP, Russia

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