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Russia loans Bulgaria 3.8 bln euros to build nuclear plant: report
Sofia (AFP) May 29, 2009 Russia has agreed to lend Bulgaria 3.8 billion euros (5.4 billion dollars) to build a 2,000-megawatt nuclear power plant at Belene on the Danube, the Dnevnik daily newspaper reported on Friday. In its online edition, the newspaper quoted Bulgarian Energy Holding official Ivan Atanasov, who is in charge of the Belene project, as saying that Russia had "opened procedures" to provide Bulgaria with the loan. A spokeswoman for the Bulgarian Energy Holding (BEH) contacted by AFP declined to confirm the report, saying BEH had not received any official answer from the Russian side so far. Russian officials announced last September that their government was ready to lend Bulgaria as much as 3.8 billion euros to help build the plant and Bulgarian Prime Minister Sergey Stanishev officially requested the credit during a visit to Moscow in April. Bulgaria had contracted Russia's company Atomstroyexport to build two 1,000-megawatt third generation pressurised-water nuclear reactors at Belene in a move to restore its position as a leading electricity exporter on the Balkans. But the Bulgarian Energy Holding and its partner in the project, German utility RWE, have so far failed to secure private financing for the project which left state-backed export credits as the only option to fund the plant, experts said. Share This Article With Planet Earth
Related Links Nuclear Power News - Nuclear Science, Nuclear Technology Powering The World in the 21st Century at Energy-Daily.com
Slovakia says it may relaunch old nuke plant in crisisPrague (AFP) May 29, 2009 Slovakia said Friday an energy crisis may force it to relaunch an outdated Soviet-type reactor shut down as part of the deal that saw the country join the European Union in 2004. "I cannot rule it out. If there was such a threat in Slovakia, it is more important to have light and warmth than dark and cold," Slovak Prime Minister Robert Fico said after the European Nuclear Energy Forum in ... read more |
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