No Project Okayed for Bulgaria's 2nd N-Plant

Business | May 1, 2004, Saturday // 00:00| Views: | Comments: 0
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No project has been approved so far for the construction of Bulgaria's second nuclear power plant in Belene.

Energy Minister Milko Kovanchev announced, adding that recent bribe scandal would not impede the construction of the plant. Kovachev also said that an investor for the project will be appointed by the end of 2004.

Minister Kovachev also added that the existing infrastructure will be used in the construction of the new plant. In his words the plant should be ready in 2009-2010.

Just a few days earlier Atomic Energy of Canada Ltd (AECL) claimed that Bulgarian officials insisted for a USD 40 M bribe wanted to approve AECL's project concerning the second power plant construction in Belene.
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