Russia Wants Bulgarian Kozloduy Nuclear Plant in Belene Project - Report

Business » ENERGY | April 21, 2011, Thursday // 11:39| Views: | Comments: 0
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Bulgaria: Russia Wants Bulgarian Kozloduy Nuclear Plant in Belene Project - Report A file picture shows workers during the construction of the first 1,000 MW unit of the second nuclear plant of Belene, Bulgaria. Photo by EPA/BGNES

The Vice President of the Russian "Atomstroyexport," Genadiy Tepkiyan had proposed to include Bulgaria's Nuclear Power Plant "Kozloduy" as investor in the project to build a second such plant in the Danube town of Belene.

The information was reported Thursday by the Bulgarian daily Standard, citing their own reporter, who had been included in the group of Bulgarian journalists visiting Russia to learn about its energy projects on the invitation of the D&D agency, which deals with the "Atomstroyexport" communications in Bulgaria.

Tepkiyan, who is also the Russian Director for the Belene project, had voiced his company's firm intentions to build the NPP with a fixed price of EUR 6.298 B and a base price of EUR 3.997 B plus inflation, the Bulgarian daily Dnevnik writes, citing Standard.

According to the "Atomstroyexport" Vice President, the price is the only hurdle for the project, blaming Bulgaria's National Electric Company (NEK) of dragging on in announcing what exactly it is ready to pay. He had further said if NEK has difficulties with the payment, Kozloduy must be included as investor, but had not clarified how exactly and under what conditions this deal would materialize.

On Wednesday, the Russian Komersant newspaper reported that Bulgaria faces being taken to arbitration by the Russian contractor Rosatom over the nuclear plant project in Belene as it is likely to miss the July 1 deadline for signing a final agreement for its construction.

Also Wednesday, Prime Minister, Boyko Borisov, announced after the cabinet's meeting that the final decision on Belene will be made by the Parliament.

Borisov said when all expert assessments are finished he would make a decision on the future of the NPP, and then will ask to Parliament to vote yes or no on the project.

The right-wing Blue Coalition is the only political formation so far to firmly declare opposition to Belene.

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Tags: Boyko, Borisov, Prime Minister, nuclear, Atomstroyexport, Rosatom, Kozloduy, Nuclear Power Plant, NPP, Belene, Bulgaria, power, plant, project, NEK, National Electric Company, Russia, Russian
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