Text size

Bulgaria will take a loan from South Korea for the new Kozloduy NPP reactors

published on 9/3/24 2:41 PM

Photo: me.government.bg

The project to build the 7th and 8th units at the Kozloduy nuclear power plant is strategic for Bulgaria and Europe.

This was emphasized by the Caretaker Minister of Energy Vladimir Malinov during his visit to Seoul at the meeting with the management of Hyundai Engineering and Construction, which together with the US-based Westinghouse will build the two new units of the Kozloduy NPP.

Malinov and the management of the company promised each other that the two parties would make every effort to build the first AP 1000 reactor in Europe in Bulgaria. They promised a loan from the Korean Exim Bank to finance part of the project.

So far, Bulgaria has managed to negotiate a loan of USD 8 billion from the Export-Import Bank of the United States, according to Bulgaria's energy ministry.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Korea Kozloduy NPP nuclear power plant Vladimir Malinov

More from category

Bulgaria has sent Ukraine Gvozdika self-propelled artillery systems, caretaker defence minister says

Bulgaria’s Defence Minister Atanas Zapryanov confirmed that Bulgaria has sent Ukraine Gvozdika self-propelled artillery systems, public service TV BNT reports. These weapons are unserviceable and no explicit sanction by parliament is needed,..

published on 9/3/24 11:45 AM

G.S. Rakovski Military Academy begins 2024-2025 academic year

With an official ceremony the G.S. Rakovski Military Academy in Sofia opened the 2024-2025 academic year. The official guests to the event included Bulgarian President and Commander-in-Chief of the Bulgarian armed forces Rumen Radev, Defence..

published on 9/3/24 11:30 AM

Journalist Ivan Garelov dies aged 81

Prominent journalist Ivan Garelov has passed away at the age of 81. The TV anchor and author of emblematic political TV programmes died this morning at the neuro intensive care unit of the Pirogov emergency hospital in Sofia where he was transported..

published on 9/3/24 10:51 AM