US Company Interested in Bulgaria's Second N-Plant

Business | July 17, 2003, Thursday // 00:00| Views: | Comments: 0
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The American company Westinghouse has declared its interest in construction of a new nuclear unit for Bulgaria's second nuclear power plant in the town of Belene, Bulgaria's Energy Minister Milko Kovachev said following his meeting with US Deputy Secretary of Commerce Samuel W. Bodman.

Both officials have also discussed future privatization of Bulgaria's power distribution utilities as well as participation of American companies in the license tenders opened by the Bulgarian government.

Kovachev also said that the US company AES has the political backing of Bulgaria's government for the construction of a substitution power supply in Bulgaria's Maritsa East 1 thermal power plant. However, Kovachev added that AES have to find a partner for this project.

US Deputy Secretary of Commerce Samuel W. Bodman has highly evaluated Bulgaria's support to the US business initiatives in the Balkan region.

The American delegation consisting of representatives of eleven companies led by US Deputy Secretary of Commerce Samuel W. Bodman arrived Wednesday in Bulgaria to explore future business cooperation.

The visit of the American business delegation was a follow-up of visit of US Commerce Secretary Don Evans to Bulgaria February 2003.
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