Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Ivan Tsankov: Termination of contracts with US thermal power plants could take long time

Photo: aes.bg

Executive Director of AES, one of the US-owned power plants in Bulgaria’s Maritza East complex, Ivan Tsankov, has told the Bulgarian National Radio that any change in the long-term contracts for buying produced energy should be approved by creditor banks.

This, according to Tsankov, would take a long time. The company has made planned investments, but debts towards have not been paid yet.

Last week it became clear that the government was willing to comply with the call of employers' organizations, who want contracts with the two US-owned plants terminated. According to employers this could happen within a few weeks.




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

Bulgarian Parliament to hear cabinet ministers on US "questionnaire" related to Ukraine peacekeeping operation

The Bulgaria Parliament will hear today the Minister of Defense Atanas Zapryanov and the Minister of Foreign Affairs Georg Georgiev about a "questionnaire" prepared by the US on topics related to Bulgaria's readiness to participate in a special military..

published on 2/20/25 6:05 AM
A white fairy tale from Burgas!
Photo: Marina Kirova in the Facebook group

Frosty weather, subzero temperatures expected in almost all regions of Bulgaria on Thursday

On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values ​​in most places will be negative. Before noon, there will be..

published on 2/19/25 7:05 PM

Bulgaria honors the memory of national hero Vasil Levski

With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..

published on 2/19/25 6:08 PM