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The Bulgarian Parliament's decision: Restart of the Belene NPP project

The Bulgarian Parliament has decided to restart the project for the construction of Belene NPP.  It aims to "resume the efforts to build Belene NPP together with a strategic investor on a market principle and without granting a state guarantee by separating the assets and liabilities of the Belene NPP project into a separate project company".

In addition, the Minister of Energy should develop an investor selection procedure and propose options for structuring the project by 31 October 2018. 

“The Government's hands on the Belene NPP project are untied and from now on we have to work very seriously in order to have really good results for Bulgaria”, Energy Minister Temenujka Petkova told journalists in the Parliament. According to her, a procedure for the selection of a strategic investor is forthcoming. It is important that it is well designed, maximally public, transparent, with objective criteria that will enable the selection of the best offer, the Minister said. „NEK must assess the assets we own for this project“, she said.
 
„Let's hope that the investor interest, which has so far been declared, will be re-confirmed“, Petkova added. According to her, the plant can be ready within 7-8 years.

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