Bulgaria dashes to order Belene nuclear powerplant equipment

Thursday, October 30, 2008

Bulgaria and the strategic investor in the Belene nuclear powerplant, German RWE, would put pen to paper as soon as possible, said Mardik Papazyan, executive director of national power grid operator NEK.

The state would add 300 million leva to the operator’s capital so that it could order the equipment, which was expected to long to produce as Russian plants were overwhelmed with orders for Chinese and Turkish nuclear plants, Papazyan said.

The global financial downturn was unlikely to affect the Belene project, according to Papazyan.

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