Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Financing for power system’s cold reserve slashed over suspected abuse

Valeri Simeonov
Photo: BGNES

Valeri Simeonov, leader of the National Front for the Salvation of Bulgaria announced that the ruling coalition has made the decision to reduce, considerably, the money for the power system’s cold reserve. This will take place by order of Energy Minister Temenuzhka Petkova.

In the words of Valeri Simeonov the state has serious suspicions that the money paid to maintain the cold reserve is being misused. He explained that the state is paying millions but that in exchange for this money some energy producers are doing practically nothing and cannot ensure the emergency start-up of additional capacities. According to Valeri Simeonov, the cold reserve is a form of siphoning off of the state budget.

"Varna" thermal power plant is among the power stations which maintain a cold reserve. It is owned by the chairman of honour of the Movement for Rights and Freedoms Ahmed Dogan



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

According to the president, early elections should be held after September 15

August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..

published on 7/5/24 8:48 AM

Sand Sculpture Festival opens in Burgas

The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..

published on 7/5/24 7:35 AM

National Motorcycle Festival Vratsa – Ledenika to be held between July 5 and 7

From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave.  The official..

published on 7/5/24 6:30 AM