Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Ivan Tsankov: Termination of contracts with US thermal power plants could take long time

Photo: aes.bg

Executive Director of AES, one of the US-owned power plants in Bulgaria’s Maritza East complex, Ivan Tsankov, has told the Bulgarian National Radio that any change in the long-term contracts for buying produced energy should be approved by creditor banks.

This, according to Tsankov, would take a long time. The company has made planned investments, but debts towards have not been paid yet.

Last week it became clear that the government was willing to comply with the call of employers' organizations, who want contracts with the two US-owned plants terminated. According to employers this could happen within a few weeks.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ministry of Transport proposes the division of railway routes into three lots

Experts from the Ministry of Transport and Communications are proposing the division of Bulgarian State Railways (BDZ) into three lots. According to them, this is a first step toward a more efficient and modern railway transport system, reported..

published on 11/25/24 11:48 AM

The flu season is expected to peak at the end of December and the beginning of January

The flu season is expected to peak at the end of December and the beginning of January. In an interview with BNT, general practitioner Dr. Gergana Nikolova clarified that there are currently isolated positive cases of influenza. COVID-19 also..

published on 11/25/24 10:26 AM

The Bulgarian Antarctic base "St. Kliment Ohridski" reopens for the new polar research season

The Bulgarian Antarctic base "St. Kliment Ohridski" officially opened its doors on the eve of its patron saint's day . The members of the Bulgarian Antarctic expedition, led by Professor Hristo Pimpirev, set foot on the snowy shores of Livingston..

published on 11/25/24 10:14 AM