Bulgaria, Westinghouse Ink Deal on Kozloduy NPP

Business » ENERGY | December 12, 2013, Thursday // 14:39| Views: | Comments: 0
Bulgaria: Bulgaria, Westinghouse Ink Deal on Kozloduy NPP Bulgarian PM Plamen Oresharski (L) and Westinghouse CEO Danny Roderick. Photo by BGNES

The state Bulgarian Energy Holding (BEH) and US company Westinghouse have inked a deal for coordination of parameters for a new reactor at Bulgaria's Kozloduy NPP.

The contract was signed by BEH representatives and Westinghouse CEO Danny Roderick in the presence of Bulgarian PM Plamen Oresharski in Sofia Thursday

Oresharski explained that the agreement sets a deadline of 9 months for preparatory work on the technical, financial and economic parameters of the project.

He expressed his hopes that this preparatory work can be compeled ahead of that time.

On his part, Westinghouse CEO Danny Roderick said his company is committed to efficiently and transparently complete the project, which he views as highly positive for Bulgaria's economic growth and energy security.

The decision to negotiate with Westinghouse on the planned new Unit 7 of Kozloduy NPP was formally adopted by the Bulgarian cabinet on Wednesday, after plans for that were announced over the fall.

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Tags: Unit 7, Kozloduy NPP, Plamen Oresharski, Westinghouse, Danny Roderick, Bulgarian Energy Holding, BEH
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