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.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Mostly Cloudy
Partly Cloudy