The cost of completing the two units of the Belene Nuclear Power Plant will be between 8 and 9.5 billion euro, estimates by the Bulgarian Atomic Forum Bulatom show.
Almost 1.5 billion euro has so far been spent on the project. Bulatom has estimated that it will take around 15 years after the units are made operational for the investment to pay off, and that the price of the electricity it produces may be lower than the stock market price. If Belene NPP’s two units function at full capacity they will be able to produce an annual 16 million megawatt hours of electric energy.
According to Bulatom the project is economically sound as the units can function for at least another 45 years after the investment has paid off.
Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate". According to her, the reports of violations and the..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...
BSP and ITN will ask the Constitutional Court to give the full rights to form a caretaker cabinet back to the president, Borislav Gutsanov from BSP - United Left has told the BNR. "BSP-United Left will be the guardians of the..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29..
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