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Minister Temenuzhka Petkova: State participation in Belene NPP through NEK is best option

Minister Temenuzhka Petkova: State participation in Belene NPP through NEK is best option

21 May 2018 | 10:37 | FOCUS News Agency
Sofia. The optimal and most appropriate option at this stage is state participation in the Belene NPP project through NEK, Minister of Energy Temenuzhka Petkova told bTV this morning. The related assets and liabilities would be set apart. “NEK will participate in the project with a contribution that will allow us to hold at least a blocking quota in the company. The state will be able to exercise control,” she said. “We are proposing no commitment for the state to providing state guarantee or long-term contracts for power purchase,” Petkova said. “Our idea is that the project should be developed entirely on market principles,” she added. According to her, other considered options such as the sale of the equipment, 100% state participation or the complete sale to a private investor imply a loss, high costs or risks for the state.
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Energy ministry may present report on Belene NPP in a few days

Energy ministry may present report on Belene NPP in a few days

14 May 2018 | 13:44 | FOCUS News Agency
Sochi. The report on the options for Bulgaria to use the equipment and other assets of the Belene NPP project is almost ready and could be presented to the Parliament within a few days, Minister of Energy Temenuzhka Petkova told reporters, quoted by Focus News Agency. “I think we should try to look for an option and possibility to develop the project on market principles without granting a state guarantee,” she said, adding that the proposal would be for optimal use of all related assets, including the authorised site. A team at the ministry is studying all possible options, trying to make an economic evaluation of each of them. The ministry will need some time to review the report, according to Petkova, who is in Sochi for the international forum Atomexpo. The parliament has told the minister to prepare a report with specific proposals by June 30.
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