Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Idea of building a dam and power station on the Danube is being resurrected

Photo: BTA

Natsionalna Elektricheska Kompania (NEK) together with Romanian company Hidroelectrica has been updating a project for a hydroelectric power plant on the Danube River, situated between Nikopol and Turnu Măgurele, Minister of Energy Rumen Radev has told journalists in the Belmeken power plant. The idea of a power plant on the Danube with the construction of a dam that would also serve as a bridge is more than half a century old, investor.bg recalls.

Hidroelectrica has two such plants together with Serbia, and the company’s experience can be applied here as well, according to NEK. The work is still at a very early stage and the supposed cost of the project is about 6 billion euros for both countries, Georgiev said.

In the past the project was frozen, as the lower level of the Romanian coast could mean flooding of large areas and small islands.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

published on 10/24/24 9:15 AM

Experts about Bulgaria’s financial policy as the country edges towards a new parliament and a draft budget for 2025

After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..

updated on 10/23/24 12:52 PM

IMF predicts 2.8 per cent inflation in Bulgaria in 2024

Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..

published on 10/22/24 6:44 PM