Natsionalna Elektricheska Kompania (NEK) together with Romanian company Hidroelectrica has been updating a project for a hydroelectric power plant on the Danube River, situated between Nikopol and Turnu Măgurele, Minister of Energy Rumen Radev has told journalists in the Belmeken power plant. The idea of a power plant on the Danube with the construction of a dam that would also serve as a bridge is more than half a century old, investor.bg recalls.
Hidroelectrica has two such plants together with Serbia, and the company’s experience can be applied here as well, according to NEK. The work is still at a very early stage and the supposed cost of the project is about 6 billion euros for both countries, Georgiev said.
In the past the project was frozen, as the lower level of the Romanian coast could mean flooding of large areas and small islands.
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
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