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.
- » Azerbaijan Waiting for Bulgaria To Construct Gas Link With Greece
- » KEVR: Bulgargaz' Demand for 32% Hike in Gas Prices Is Unjustifiably High
- » Bulgaria 'Seeking South Stream Project Revival'
- » South Stream Project Will Be Carried Out, Russian Official Says
- » EVN, NEK Settle Old, Multi-million Dispute
- » Bulgargaz Demands 32.44% Increase in Gas Prices