Bulgaria's New PM Hints of Reviving Belene N-Plant Project

Business » ENERGY | May 30, 2013, Thursday // 12:17| Views: | Comments: 0
Bulgaria: Bulgaria's New PM Hints of Reviving Belene N-Plant Project Bulgaria's new Prime Minister Plamen Oresharski.

Bulgaria’s newly sworn-in Prime Minister has stated that the country’s abandoned Belene nuclear power plant project may be revived.

PM Plamen Oresharski, who took oath of office Wednesday, told the Bulgarian National Television that he views Belene as “an economic project, and not a political one.”

He noted that a detailed analysis should be carried out before any conclusive decisions are made on the project,

According to Oresharski, fulfilling the project would be worth talking about only if its effectiveness is proven.

“Our ultimate goal is not to invest taxpayers’ money in Belene,” he also emphasized.
Oresharski, a non-partisan technocrat, was endorsed for PM by the left-wing Bulgarian Socialist Party, which has been seen as a fervent proponent of the Bulgarian-Russian nuclear project.

The center-right government of former PM Boyko Borisov scrapped the project for the construction of Belene back in March 2012. The move led Russia's Rosatom to file a suit with an international arbitration court in Paris.

After it was first started in the 1980s, the construction of Bulgaria's second nuclear power plant at Belene on the Danube was stopped in the early 1990s over lack of money and environmental protests.

The Belene NPP has been de facto frozen since the fall of 2009 when the previously selected strategic investor, the German company RWE, which was supposed to provide EUR 2 B in exchange for a 49% stake, pulled out.

Borisov and his Cabinet resigned in February amidst mass protest rallies against unbearable utility bills and wide-spread poverty.

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Tags: GERB, Boyko Borisov, Prime Minister, Boyko Borisov, Rosen Plevneliev, president, NPP, Referendum, RWE, Dmitry Medvedev, Atomstroyexport, Boyko Borisov, Vladimir Putin, Russia, Nuclear Power Plant, Belene, BSP, Plamen Oresharski
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