Bavaria Confirms Interest in Bulgaria's Belene NPP

Business » ENERGY | October 27, 2010, Wednesday // 14:15| Views: | Comments: 1
Bavaria Confirms Interest in Bulgaria's Nuclear Plant Project: Bavaria Confirms Interest in Bulgaria's Belene NPP The frozen construction site of the Belene NPP. Photo by BGNES.

An investor from the German free province of Bavaria has stated interest in Bulgaria's project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, a high-ranking official with the Bavarian Economy Ministry confirms.

The Head of the Southeastern and Central Europe Directorate at the Ministry, Martin Grossman, revealed the information for journalists Wednesday, saying it was true Bulgaria approached Bavaria about the NPP, however, the talks were held without a representative of his institution.

Grossman declined offering further details, but promised more would be announced when "the time is right."

On Monday, Prime Minister Boyko Borisov made it clear Bulgaria has found a strategic foreign investor for Belene's construction. He said that the investor is a company from Bavaria, and that he held talks with the German company in question during his last week's visit to Munich.

A day earlier, the Speaker of the Parliament, Tsetska Tsacheva, made the same announcement.

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Tags: Martin Grossman, Belene Nuclear Power Plant, Belene NPP, Nuclear Power Plant, Russia, Bavaria, Germany, Angela Merkel, German Chancellor, Boyko Borisov, Rosatom, Atomstroyexport, RWE, Foreign investors, NEK, Siemens
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» To the forumComments (1)
Highlander - 27 Oct 2010 // 14:38:49

Well, well, who is surprised ?

An investor has stated interest in NPP and will look into the project. No promises and no declarations of intent so far.

But the official Bulgarian version is totally different. A strategic investor has been found and the Parliament speaker has even assured NPP will be financed.

It is a wise move by the Bavarian official to keep a low and sensible profile, and leave it to the Bulgarian authorities to make fools of themselves as in the F1 case.

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