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The abandoned Belene NPP site

Will the clock on the interest due for Belene NPP stop ticking any time soon?

Energy Minister Temenuzhka Petkova left for Moscow on Thursday to meet with the management of the Russian Rosatom State Atomic Energy Corporation, which, as owner of Atomstroyexport filed a claim against the National Electric Company (NEC) in June as..

15.10.16 07:05 |

Parliament votes to pay Russia for Belene NPP equipment

Bulgarian parliament adopted a bill at first reading, authorizing the government to loan the National Electric Company the money for paying the Russian Atomstroyexport company for the equipment it has manufactured for the aborted Belene NPP. The..

21.09.16 15:15 |

Payments for Belene NPP urgently discussed in Bulgarian parliament

An approved bill that is to provide state aid for payment of debts of the Natsionalna Elektricheska Kompania EAD (NEK) is discussed today at first reading in the National Assembly. The draft envisages that the electricity company would receive money from..

21.09.16 09:20 |

Bulgaria gives money to NEK for Belene debts with special law

The Bulgarian government has decided to provide support for the Natsionalna Elektricheska Kompania EAD (NEK) to cover obligations to Russian "Atomstroyexport" for produced equipment for the terminated Belene NPP Project. The International Court of..

20.09.16 14:15 |

Bulgaria and Russia try to find solution to Belene problem

The Bulgarian and the Russian side are setting up a joint working group to look into possible options regarding the Belene NPP project , after in mid-June, the Court of Arbitration in Geneva ruled that Bulgaria pay Atomstroyexport EUR 550 million in..

29.07.16 14:48 |

International Court of Arbitration orders NEC to pay EUR 550 million to Atomstroyexport

On Thursday TASS information agency announced that the International Court of Arbitration in Geneva judged in favor of Atomstroyexport in a dispute with the National Electric Company related to the suspension of Belene NPP project. According to the..

18.06.16 07:10 |
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