Podcast in English
Text size
Bulgarian National Radio © 2024 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

ALDE could expel the Movement for Rights and Freedoms

Several European liberal parties have sent a letter to the Alliance of Liberals and Democrats for Europe (ALDE) to demand that Delyan Peevski be monitored, pointing out that he has been sanctioned for corruption by the US under the Global Magnitsky..

published on 7/11/24 3:23 PM
L to R: Atanas Zapryanov, Angel Tilvar, Nikos Dendias

Bulgaria, Greece and Romania to set up military corridor in NATO’s Eastern flank

Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..

published on 7/11/24 1:17 PM

DPS parliamentary group splits, the second mandate for cabinet goes to PP-DB

The parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..

published on 7/11/24 11:25 AM