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 Confirms Talks for Majority Stake in Bulgaria Thermal Plant
- Tweet
Send to Kindle
Talks about the sale of Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, emerged for the first time at the beginning of March. Photo by klassa.bg
Austria's utility EVN has confirmed it is holding talks for the acquisition of a majority stake in Bulgaria’s Maritsa East 3 coal-fired power plant.
The Executive Director of Italy energy giant Enel, Fulvio Conti, announced in March that the company is considering the sale of its 73% stake in Maritsa East 3.
“Enel is currently holding talks with many companies and EVN is just one of them,” a spokesman for the Austrian company said.
British utility International Power, US power producer AES Corp. and Russia's state power trader Inter RAO are also said to have shown interest in acquiring Enel majority stake in Maritsa East 3.
A year ago Enel increased the capacity of Maritsa East Three plant to 908 megawatts, up from 840 MW, and also put new desulphurisation installations on the plant's four units.
Experts comment that the potential buyer is probably eying a 100% stake in the plant, in which the state owns a 27% stake. The rumors were fanned by a statement of Energy and Economy Minister Traicho Traikov, who recently announced that the state can land EUR 200 M from the sale of its stake in the plant.
The plant is located in the Maritsa East lignite coal mining complex in southern Bulgaria.
Related Articles:
For the first Nine Months of 2022, St. Nikola Wind Farm generated 7% more Energy Y/Y
In September, the largest wind farm in Bulgaria registered growth in green energy generation of 13% compared to August
Thanks to ContourGlobal Maritsa East 3 TPP, the Lives of the Galabovo People Improved in the Past Decade
There are no noisy tram cars and no neon signs in the town of Galabovo – 250 km off the capital city and 70 km off the regional center Stara Zagora and the border with Turkey
Business | September 2, 2022, Friday // 21:25
AES’ TPP in Galabovo with New Power Production Record in July
In July, AES’ TPP in Galabovo marked a new record in its power output. The most modern coal-fired power plant in the state provided 370 725MWh of reliable energy for Bulgarian consumers
Archaeological Finds Discovered During EVN's Excavation Activities
Remnants of a Roman dwelling with a clay pipeline, as well as a grave, found collaborators of EVN in excavation activities in the centre of Plovdiv - on "G.
KEVR Approved Electricity Prices for Customers of EVN Bulgaria from 1 July 2019
In its decision № CC-19 dated July 1, 2019, the Energy and Water Regulatory Commission (KEVR) approved new electricity prices for household and non-residential customers connected to a low-voltage grid in Southeastern Bulgaria in force since 01.
Bulgaria: 98% of High Electricity Bill Complaints Come from Households Using Electric Heating
In Bulgaria, the overwhelming majority of complaints about high electricity bills are coming from households that rely on electricity for heating, particularly through air conditioners, the Energy and Water Regulatory Commission (EWRC) reported
Bulgaria's Energy Minister: Fuel Price Hike Minimal, Gas and Electricity Supplies Stable Until April
Acting Energy Minister Traycho Traykov commented on Nova TV that the recent rise in fuel prices in Bulgaria is modest, with gasoline and diesel increasing by just three cents, reflecting crude oil quotations
Bulgaria Secures LNG at Pre-Crisis Prices Amid Middle East Turmoil
Energy Minister Traycho Traykov briefed Prime Minister Andrey Gyurov that Bulgaria has received liquefied natural gas under contracts concluded before the recent escalation in the Middle East
Bulgaria Launches Gas Station Checks Amid Middle East Conflict Fears
The Consumer Protection Commission in Bulgaria has launched checks at fuel stations across the country to determine whether retail prices have risen and, if so, whether such increases are justified
March Natural Gas Rates in Bulgaria See Minimal Rise Amid Lower Demand
The Energy and Water Regulatory Commission (EWRC) has set the price of natural gas for March 2026 at 32.60 euros per megawatt-hour, excluding access, transmission, excise, and VAT charges
Bulgaria Emerges as Key Energy Hub as US Eyes LNG Transit via Vertical Gas Corridor
By the end of 2026, Bulgaria will significantly increase its role as a regional energy hub, as the country’s gas transmission capacity from Greece is set to rise by 50%, while the interconnection with Romania will see its capacity doubled
