"Democratic Bulgaria": HPP "Tsankov Kamak" has not been Working since mid-October due to an Accident
The political party "Democratic Bulgaria" reported that they received information about an accident at the "Tsankov Kamak" hydroelectric plant
Bulgaria's government has been forced to allot a huge sum for improving the dilapidated road next to a scandalous hydro energy project in the Rhodopi Mountains.
The construction of the 20-kilometer section, leading to 'Tsankov Kamak", has absorbed so far BGN 240 M and now another BGN 3 .5 M will be added to the sum.
This will clear the road for putting the hydro power plant into operation following a two-year delay due to vested interests and corruption.
The scandal erupted in May 2010 after a visit of Prime Minister Boyko Borisov to the site of the hydroelectric power plant 'Tsankov Kamak', where he revealed that a huge hike in the initial price has been discovered.
The leader of the ethnic Turkish party Movement for Rights and Freedoms (DPS), which was a member of the former three-way coalition cabinet, allegedly pocketed BGN 1.5 M as a consultant of four large-scale hydroelectricity projects, funded by the state - 'Tsankov Kamak', 'Dospat', 'Gorna Arda' and 'Tundzha' Dam.
The money for the hydro power plant "Tsankov Kamak", from where Dogan took the sky-high payment as an "expert," was paid by the state-owned National Electricity Distribution Company (NEK), left in tatters after the ruling of the previous cabinet.
A case was opened after the parliamentary commission on corruption notified it of a possible conflict of interest. Ahmed Dogan has been involved in large-scale political corruption schemes, has breached the conflict of interest provisions and has served private interests, according to the allegations.
Bulgaria's Supreme Administrative Court however acquitted Ahmed Dogan, saying there was no evidence that he had breached the public interest by receiving the fees.
Dogan holds a philosophy degree and has no qualifications in civil engineering.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
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
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
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
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"
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022