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

National Electric Company will not appeal court of arbitration ruling on Belene NPP

the abandoned Belene NPP construction site
Photo: library

On the advice of the White & Case law firm, the National Electric Company (NEC) of Bulgaria has decided not to appeal the ruling of the International Court of Arbitration on the Belene NNP case.
The Russian Atomstroyexport has lodged a total of seven claims against NEC amounting to over 1.1 billion euro. However, the Court of Arbitration has rejected almost half of them, the White & Case explanatory memorandum to Energy Minister Temenuzhka Petkova reads. 



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

In the eye of the storm: Bulgarians share first-hand accounts of Hurricane Milton

Hurricane Milton, which hit the west coast of the US on Thursday, did not cause the catastrophic storm surge that had been expected. But the damage is nonetheless considerable. Authorities have reported 10 deaths so far, and that number is expected to..

published on 10/11/24 1:35 PM

Sofia urges EC to change mechanism for 'Ukrainian aid' to farmers

Bulgaria will continue to lobby the European Commission to change the conditions for the allocation of funds under the so-called "Ukrainian aid", Agriculture Minister Georgi Tahov said at a meeting with industry organisations.  Many farmers who have..

published on 10/11/24 1:15 PM

Millions have watched the trailer of the new film Gundi – Legend of Love online

The official trailer of the film Gundi – Legend of Love caused a veritable sensation, turning into the biggest success in the history of Bulgarian cinema.  The video has so far been watched by millions, showing there is an enormous amount of..

published on 10/11/24 11:58 AM