AES Galabovo will be lauched by the end of April
Article published from Darik Radio on 2011-04-01 10:20:00Category: Business in Gulabovo
US energy giant AES is going to launch its Bulgarian thermal power plant AES Galabovo by the end of April, after a delay of several months, but only with a part of its total capacity. AES Galabovo, formerly Bulgaria`s state-owned Maritsa East 1 TPP, is a 670-MW thermal plant in which AES has invested some EUR 1.3 B.
AES Galabovo is of strategic importance for the Bulgarian economy; it is the first major power plant to be built in Bulgaria in the past 20 years. Only 420 MW of the total capacity of AES Galabovo will be launched in April 2011, Roy Reed, CEO of AES Galabovo said.
The units of the plant will reach their full production capacity by the end of 2011. Unit 1 of AES Galabovo was supposed to be launched in October 2010, and unit 2 - a month later.
However, problems with a turbine delivered by French company Alstom Power delayed the launch, and led AES to terminate it contact with Alstom with their dispute now being tackled in an arbitration court in London.
AES Galabovo is of strategic importance for the Bulgarian economy; it is the first major power plant to be built in Bulgaria in the past 20 years. Only 420 MW of the total capacity of AES Galabovo will be launched in April 2011, Roy Reed, CEO of AES Galabovo said.
The units of the plant will reach their full production capacity by the end of 2011. Unit 1 of AES Galabovo was supposed to be launched in October 2010, and unit 2 - a month later.
However, problems with a turbine delivered by French company Alstom Power delayed the launch, and led AES to terminate it contact with Alstom with their dispute now being tackled in an arbitration court in London.
