Snow-Induced Power Outages Hit 20 Villages in Smolyan
Amidst heavy snowfall in the Smolyan region, 20 villages and hamlets grapple with partial or complete power outages due to incidents caused by the severe weather conditions
EVN AG has informed all stakeholders the project for the realization of the Hydro Power Cascade is put on hold.
In a statement, EVN says the announcement comes "in relation to its legal obligations as a Vienna Stock Exchange listed company."
This is reported in the financial report of EVN AG for the first quarter of 2016/17.
The shareholder agreement between EVN AG and NEK for establishing a company for the construction of Hydro Power Cascade Gorna Arda was signed on July 19, 2010.
The development followed a pullout of Turish company Ceylan from the project.
EVN owns 70% of the project, while the National Electricity Company (NEK) has a 30% stake.
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, 2025, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers
The upcoming rise in electricity prices starting in July is expected to influence inflation in Bulgaria
For the first time in Bulgaria’s history, solar energy production surpassed national electricity consumption during a specific time window
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe