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Commenting article: Bulgaria Signs Up Westinghouse to Help Extend Life of NPP Kozloduy

The Bulgarian Energy Holding (BEH) and Westinghouse have signed a cooperation memorandum under which the US energy giant commits to helping extend the life of Units 5 and 6 of Bulgaria's Kozloduy NPP.

The document between BEH and Westinghouse Electric Company LLC (entitled "Memorandum of Understanding for the Studying of Cooperation Opportunities in Nuclear Energy") was signed Monday at the Council of Ministers in the presence of Bulgarian Prime Minister Boyko Borisov, Economy Minister Traicho Traikov, US Ambassador James Warlick, and Westinghouse President for EMEA Anders Jackson.

This is the second cooperation agreement with an international nuclear energy giant that the Borisov government strikes in two months after signing a memorandum of cooperation with French corporation Areva in April 2011.

Dino the Athenian - 14 Jun 2011 // 00:55:45

Cool! That's the way to do it.

In order to have any meanigful negotiation you need a minimum of three offers if not more.

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