Belene NPP can be constructed in 8 years and would cost nearly EUR 9 billion

Bulgaria's Energy Minister Temenuzhka Petkova
Photo: BTA

Belene nuclear power plant can be constructed in 8 years and would cost nearly EUR 9 billion, the analysis of the Bulgarian Ministry of Energy reads. Bulgaria’s Minister of Energy Temenuzhka Petkova told the National Assembly Energy Committee that the new nuclear facility will be financed with 20% equity and 80% borrowed capital. According to the mandatory condition to the future strategic investors, Bulgaria must participate in this project in the form of a contribution in kind (the money invested by the National Electricity Company until now). The plans also envisage that 1/3 of the construction activities will be done by Bulgarian companies.

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