Natsionalna Elektricheska Kompania (NEK) together with Romanian company Hidroelectrica has been updating a project for a hydroelectric power plant on the Danube River, situated between Nikopol and Turnu Măgurele, Minister of Energy Rumen Radev has told journalists in the Belmeken power plant. The idea of a power plant on the Danube with the construction of a dam that would also serve as a bridge is more than half a century old, investor.bg recalls.
Hidroelectrica has two such plants together with Serbia, and the company’s experience can be applied here as well, according to NEK. The work is still at a very early stage and the supposed cost of the project is about 6 billion euros for both countries, Georgiev said.
In the past the project was frozen, as the lower level of the Romanian coast could mean flooding of large areas and small islands.
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Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends..
200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website...
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