Agreement for Belene NPP extended to March 31, 2010
Article published from StandartNews on 2009-12-11 00:30:00Category: Other in Belene
The agreement between the Bulgarian National Electrical Company and the Russian Atomstroyexport on the construction of Belene NPP was extended to March 31, 2010.
The preliminary agreement signed in November 2006 expires in the middle of January. The final agreement with the Russian contractor, NEC and a chosen strategic investor had to be concluded after the financial sources and the financing schemes were defined. RWE withdrawal from the project, the financial difficulties of the Bulgarian state and the time necessary for a new strategic investor tender necessitated the three-month extension of the preliminary agreement.
Russia Minister of Energy, Sergei Shmatko will announce the Kremlin`s new concept of the Belene NPP project and then Moscow will wait for the response of Bulgaria Prime Minster, Boyko Borissov.
Most probably the Kremlin will propose the plant to be constructed after all at the cost of the Russian share in it.
The preliminary agreement signed in November 2006 expires in the middle of January. The final agreement with the Russian contractor, NEC and a chosen strategic investor had to be concluded after the financial sources and the financing schemes were defined. RWE withdrawal from the project, the financial difficulties of the Bulgarian state and the time necessary for a new strategic investor tender necessitated the three-month extension of the preliminary agreement.
Russia Minister of Energy, Sergei Shmatko will announce the Kremlin`s new concept of the Belene NPP project and then Moscow will wait for the response of Bulgaria Prime Minster, Boyko Borissov.
Most probably the Kremlin will propose the plant to be constructed after all at the cost of the Russian share in it.
