Bulgarian PM Announces Trip to Russia over Scrapped Belene N-Plant

Business » ENERGY | February 19, 2013, Tuesday // 14:07
Bulgaria: Bulgarian PM Announces Trip to Russia over Scrapped Belene N-Plant File photo by EPA/BGNES

Bulgarian Prime Minister Boyko Borisov revealed Tuesday that he has been invited to Moscow by Russian President Vladimir Putin and Prime Minister Dmitry Medvedev.

Borisov and the Russian officials will discuss the consequences of Bulgaria's decision to abandon the Belene nuclear power plant project last year.

The Bulgarian Prime Minister told reporters on Tuesday that Bulgaria and Russia should decide the fate of the Russian-made nuclear reactor that was initially intended for Belene without resorting to court proceedings.

The exact date of his visit to Russia has not been announced yet.

Borisov's GERB government scrapped the project for the construction of Belene back in March 2012. The move led Russia's Rosatom to file a suit with an international arbitration court in Paris.

After it was first started in the 1980s, the construction of Bulgaria's second nuclear power plant at Belene on the Danube was stopped in the early 1990s over lack of money and environmental protests.

The Belene NPP has been de facto frozen since the fall of 2009 when the previously selected strategic investor, the German company RWE, which was supposed to provide EUR 2 B in exchange for a 49% stake, pulled out.

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Tags: Belene, Nuclear Power Plant, Russia, Vladimir Putin, Boyko Borisov, Atomstroyexport, Dmitry Medvedev
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