The cost of completing the two units of the Belene Nuclear Power Plant will be between 8 and 9.5 billion euro, estimates by the Bulgarian Atomic Forum Bulatom show.
Almost 1.5 billion euro has so far been spent on the project. Bulatom has estimated that it will take around 15 years after the units are made operational for the investment to pay off, and that the price of the electricity it produces may be lower than the stock market price. If Belene NPP’s two units function at full capacity they will be able to produce an annual 16 million megawatt hours of electric energy.
According to Bulatom the project is economically sound as the units can function for at least another 45 years after the investment has paid off.
The Bulgarian Socialist Party (BSP) will not participate in talks with the Movement for Rights and Freedoms (DPS) for the second cabinet-forming mandate, the party's press centre said. The position of BSP is addressed to the chairman of the..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed the coalition's position that they will not participate in negotiations to form a government with..
The Movement for Rights and Freedoms (DPS) is against the attempts of the anti-European and pro-Russian parties to play with the topic of "referendum for the euro". In a position published by the press center of the DPS, the chairman..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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