Bulgaria's Energy Minister Optimistic on Nuclear Plant Investor

Business » ENERGY | October 23, 2010, Saturday // 12:09| Views: | Comments: 0
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Bulgaria's Energy Minister Optimistic on Nuclear Plant Investor: Bulgaria's Energy Minister Optimistic on Nuclear Plant Investor The frozen construction site of the Belene NPP. Photo by BGNES.

Bulgaria's Economy and Energy Minister, Traicho Traikov, voices strong optimism that the government would find another investor for the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.

Traikov spoke Saturday in an interview for Darik radio, but declined to give more details, avoiding to state that the NPP would not be build in case Bulgaria does not find an investor other than Russia.

Last evening, in a TV interview, Prime Minister, Boyko Borisov, mentioned holding talks with a strategic investor during his recent visit to the German province of Bavaria regarding the Belene project, but he did not offer more details either.

When asked if Bulgaria was ready to accept a loan from Russia, Traikov replied Saturday: "Why not, if its terms are favorable?"

The NNP's construction was frozen after the strategic investor, the German RWE, withdrew at the end of last year. The cabinet of the ruling, center-right Citizens for European Development of Bulgaria (GERB) party, led by Borisov, declared then the country had no interest in keeping its 51% shares in Belene, but vowed look for another European investor, which is yet to materialize.

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Tags: Belene NPP, RWE, Serbia, China, Russia, Vladimir Putin, Boyko Borisov, Traicho Traikov, GERB
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