Bulgaria Extends Bids Deadline for Nuke Plant

Business | October 1, 2007, Monday // 00:00
Bulgaria: Bulgaria Extends Bids Deadline for Nuke Plant This is how Bulgaria's second nuclear power plant at Belene should look once it is been built. Photo by Parsons E&C Bulgaria.

Bulgaria's power grid operator NEK said on Monday it extended the deadline for bids in the tender to pick a strategic investor for 49% in the nuclear power plant that it will build at Belene on the Danube.

The six bidders shortlisted in July - Czech CEZ, German E.ON and RWE, Belgian Electrabel, Electricite de France and Italy's Enel - have until October 15 to submit their offers.

NEK has allowed each company to see the blueprints for the power plant, conditional to them signing a memorandum of confidentiality.

The extension came after several bidders asked NEK for more time, in order to properly prepare their bids.

Another four companies that have submitted letters of interest - Swiss ATEL and EGL, Spain's Endesa and Bulgarian Kumerio Med - are only interested in stakes of up to 25%.

They could still be involved in the bidding a later date, if any of the other six companies are interested in associating with them as part of a consortium.

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