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

Bulgaria and USA sign an agreement for cooperation in the construction of two new units at Kozloduy NPP

Andrew Light (L) and Rumen Radev (R)
Photo: BTA

''The price of electricity from Units 7 and 8 of the Kozloduy Nuclear Power Plant should not exceed EUR 65 per megawatt-hour, which is the average mix for electricity prices in the EU. The financial framework for the construction of Units 7 and 8 at Kozloduy NPP should not exceed 14 billion", Bulgaria’s Minister of Energy Rumen Radev said.

 Minister Radev and US Assistant Secretary of Energy for International Affairs Andrew Light signed an intergovernmental agreement for cooperation on the project to build a nuclear capacity at Kozloduy NPP and for the exchange of technologies and training of specialists.The exact cost of the new units will be known by the end of March from the report prepared by the American company Westinghouse, whose reactors will be used for the future capacities. Minister Radev added that he expects the total cost of the two units to be below EUR 14 billion. The decision of the Bulgarian government is for the contract to include ''fixed deadlines and a fixed price''.




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

High number of unemployed youth and people who do not study troubles Bulgarian labor market

The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..

published on 6/4/24 5:44 PM

Number of declared private Bulgarian properties abroad is growing

Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..

published on 6/3/24 1:22 PM

Bulgaria and US to exchange tax information automatically

Bulgaria and the US have already signed an agreement on the automatic exchange of tax information.  The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..

published on 5/31/24 4:02 PM