Bulgaria seeks investors to build Belene nuclear plant [Reuters (UK)]
Korea Electric Power Corporation (KEP)
US:NYSE Investor Relations:
home.kepco.co.kr/kepco/en/ntcob/list.do?boardcd=brd_000242&menucd=en03040201
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Source: Reuters
Bulgaria seeks investors to build Belene nuclear plant | Reuters 2 Min Read SOFIA, March 11 (Reuters) - Bulgaria is seeking a strategic investor for its revived Belene nuclear power project on the Danube, which is estimated will cost at least 10 billion euros ($11.24 billion). Sofia cancelled the project in 2012 after failing to find investors and facing pressure from the United States and the European Union to limit its energy dependence on Russia, which had been under contract to build the plant. The Bulgarian energy ministry said in a statement on Monday that it hopes to select an investor in the next year and has asked potential bidders to file letters of interest in the project to build two 1,000 megawatt nuclear reactors. Russia’s state-owned nuclear company Rosatom, China’s state-owned CNNC, France’s Framatome - a unit of EDF and state-run Korea Hydro & Nuclear Power Co (KHNP) have expressed initial interest in the project. Bidders are also asked to say if they will be looking
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