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Bulgaria sets obligatory terms to future investor in Belene NPP

Photo: capital.bg

Bulgaria set obligatory terms in the offer for selection of strategic investor for construction of a second nuclear power plant in Belene, which was published in the Official Journal of the European Union. Firstly, the National Energy Company, which enters the future joint venture with an in-kind contribution consisting of its assets (the construction ground and the nuclear reactors) will have a blocking quota during the construction and the exploitation of the nuclear power plant. Secondly, no contract for purchase of electricity with state guarantee or other non-market mechanisms to guarantee the investments will be signed. According to another condition, the construction deadline of the project is 10 years and the price of the investment cannot exceed EUR 10 billion. Local companies must be also able to participate at the fulfillment of the project, one of the terms read.




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