Russians Also Sweeten Bulgarian Nuke Bid

Business | August 8, 2006, Tuesday // 00:00| Views: | Comments: 0
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Russia's Atomstroiexport has sweetened some parameters of its bid to build up Bulgaria's second nuclear power plant at Belene.

The move came a week after their sole rival in the tender - Czech company Skoda Alliance - came up with updated documentation.

The revisions in construction price were prompted by grunts from Sofia that the Energy Minister was disappointed by both offers. Rumen Ovcharov has disapproved of both the financial parameters and the timelines for the construction of the nuclear facility.

Belene, which is expected to commission its first nuclear unit in 2013-2015, will be Bulgaria's main nuclear power producer, after most of the reactors at the Kozloduy plant will be closed under EU pressure.

Building the new nuclear facility will cost at least EUR 2 B, experts say.

The project has been continuously delayed after its launching in 1986 because of financial problems and pressure from environmentalists.
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