Bulgaria Energy Watchdog Holds Emergency Session on CEZ License
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) held an emergency closed-doors meeting late on Tuesday to discuss a potential withdrawal of the license of power distributor CEZ.
According to reports of the Bulgarian National Radio (BNR) citing sources from the energy watchdog, two of the three power distributors operating in Bulgaria have been issued statements of offence and further inspections are yet to be conducted.
Yuliana Ivanova, who resigned as DKEVR Chair but will keep the post until a replacement is appointed, made clear that one reason for withdrawing the license of a power distributor would be if the money earmarked for investments had been used for other purposes.
Bulgaria has been gripped by week-long mass protests over the high electricity and heating bills.
- » CGN shows interest in Bulgaria's Belene Project
- » Bulgaria, Azerbaijan to Discuss Expansion of Trade, Economic Links Next Month
- » Bulgargaz Proposes 3.4% Increase of Gas Price for Q4 2016
- » Bulgaria PM: Belene N-Plant Should Be Built Privately with State Help
- » South Stream, Turkish Stream Are No Rival Projects - Russia Energy Min
- » Putin Demands from Bulgaria 'Rock-Solid Guarantee' for South Stream