Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Ivan Tsankov: Termination of contracts with US thermal power plants could take long time

Photo: aes.bg

Executive Director of AES, one of the US-owned power plants in Bulgaria’s Maritza East complex, Ivan Tsankov, has told the Bulgarian National Radio that any change in the long-term contracts for buying produced energy should be approved by creditor banks.

This, according to Tsankov, would take a long time. The company has made planned investments, but debts towards have not been paid yet.

Last week it became clear that the government was willing to comply with the call of employers' organizations, who want contracts with the two US-owned plants terminated. According to employers this could happen within a few weeks.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sofia City Court receives requests to alter the detention measures of Varna Mayor Blagomir Kotsev and two other defendants

The Sofia City Court has received requests to alter the detention measures of Varna Mayor Blagomir Kotsev, former Deputy Mayor  of Sofia Nikola Barbutov and businessman Petar Rafailov, the court's press office announced. Blagomir Kotsev was..

published on 9/6/25 2:29 PM
Air Force helicopters are assisting in extinguishing the wildfire

Efforts to extinguish the wildfire in Rila National Park continue for a tenth consecutive day

Efforts to contain the wildfire in Rila National Park have continued for a tenth consecutive day, reported BNR’s correspondent in Blagoevgrad Keti Trencheva. The most critical situation is on the northeastern front, where the wind is spreading..

published on 9/6/25 1:36 PM

Politicians congratulate the Bulgarian people on the occasion of Unification Day

Political leaders delivered messages of unity o n the occasion of Unification Day . Prime Minister Rosen Zhelyazkov congratulated the Bulgarian people, emphasizing that the Unification remains a timeless example of strong public will and..

published on 9/6/25 12:04 PM