Rosatom: Bulgaria Committed to Sign EPC Contract by June 1

Business » ENERGY | April 5, 2011, Tuesday // 21:02
Bulgaria: Rosatom: Bulgaria Committed to Sign EPC Contract by June 1 People with gas masks carry a poster with a nuclear symbol during a demonstration in Sofia, 19 March. Members of several environmental organizations protested against the government's plans to build second nuclear plant near town of Belene. Photo by EPA

Russia and Bulgaria will sign until June 1 an engineering, procurement and construction (EPC) contract for building a nuclear power plant at Belene, in the north of the Balkan country, a representative of Rosatom said.

"In the agreement signed on Tuesday the sides commit to signing a EPC contract by June 1," the unnamed representative of Rosatom told Russian agency RIA Novosti.

According to him the construction of the nuclear power plant will proceed as provided by the document, which is legally binding and correct.

Earlier in the day Bulgaria's Economy Minister Traicho Traikov fired the head of the National Electric Company NEK Krasimir Parvanov after he signed an agreement with Rosatom's subsidiary Atomstroyexport that potentially threatens Bulgaria's national interests by obliging the Bulgarian government to reach a final agreement with the Russians on Belene by June 1, 2001.

Bulgaria's National Electric Company (NEK) and Rosatom's subsidiary Atomstroyexport struck on Tuesday a Memorandum of Understanding to extend the analysis on the project by 3 more months - until June 30, 2011.

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Tags: Belene, Bulgaria, Parvanov, Krassimir, Fortum, Boyko Borisov, Traicho Traikov, NEK, National Electric Company, Atomstroyexport, Belene NPP, Genadiy Tepkyan, Rosatom, NEK, Krasimir Parvanov, Russia, Economy Minister, Blue Coalition, Dimitrov, Martin, Bulgarian, Russian, EPC, Nuclear Power Plant

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