The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant. The initially planned guarantee of EUR 40.9 million is being increased due to rising capital expenditures following the update of the project for the restoration of Chaira Hydro Power Plant in light of the need for a greater share of renewable energy in the energy mix.
The Chaira Hydro Power Plant, located in the Rila Mountains beneath the Belmeken reservoir, is the largest pumped-storage plant in Southeast Europe, with four hydro units. However, it has not been operational since 2022 due to the failure of its turbines. The restoration of the plant will be supported by the Japanese company Toshiba Energy Systems & Solutions Corporation.
Ten babies have been born in the past year under the donor program of Sofia Municipality to support families with reproductive problems. Among them there are two pairs of twins. Baby Mihaela took its first breath yesterday. Her parents received..
The 13-year-old boy with Down syndrome from the village of Konare (Stara Zagora district) has been missing for eight days now, caretaker Minister of Interior Atanas Ilkov said. In his words, all necessary actions have been taken to search for the..
The Sofia police are increasing the presence of uniformed officers during the Christmas and New Year holiday period, announced the Sofia Directorate of Interior. Enhanced counter-terrorism patrols are being carried out in the city center. Enhanced..
Animal protection organizations protested in front of the Sofia Municipality, demanding humane treatment in municipal shelters. Environmentalists point..
The construction of a new Danube bridge near Ruse may begin in 2026, as European funding totalling 2.5 billion euros has been provided,..
Around mid-January, we are expected to fulfil the last criterion for the eurozone, which will allow us to submit the convergence reports..
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