Bulgaria approves Russian nuclear plant project

Green Energy

Russian nuclear power plant builder Atomstroyexport said on Tuesday it has received approval from Bulgarian authorities for the construction of a plant in the north of the Balkan country.

The state-controlled nuclear power equipment and service export monopoly, which won a tender for the €3.99 billion ($6.3 billion) project in 2006, is to build two 1,000MW reactors in Belene, with the first to be commissioned in late 2013 and the second in 2014. The facility at Belene will be Bulgaria's second nuclear plant.

Atomstroyexport is currently building five nuclear power plants in China, India and Iran, under contracts worth a total of $4.5 billion. (rian.ru)

ADVERTISEMENT

S&P Revises OTP Bank Ratings to BBB- After Sovereign Downgra... Banking

S&P Revises OTP Bank Ratings to BBB- After Sovereign Downgra...

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

4iG, State Close Acquisition of Vodafone Hungary Telco

4iG, State Close Acquisition of Vodafone Hungary

Social Media Awareness Rising in Hungary Social

Social Media Awareness Rising in Hungary

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.