The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant. The initially planned guarantee of EUR 40.9 million is being increased due to rising capital expenditures following the update of the project for the restoration of Chaira Hydro Power Plant in light of the need for a greater share of renewable energy in the energy mix.
The Chaira Hydro Power Plant, located in the Rila Mountains beneath the Belmeken reservoir, is the largest pumped-storage plant in Southeast Europe, with four hydro units. However, it has not been operational since 2022 due to the failure of its turbines. The restoration of the plant will be supported by the Japanese company Toshiba Energy Systems & Solutions Corporation.
At the request of acting Prosecutor General Borislav Sarafov, the Prosecutors' College of the Supreme Judicial Council unanimously elected Vanya Stefanova as Deputy Prosecutor General. That is how Sarafov's deputies are now two...
A new traffic management system in front of Terminal 2 comes into force on January 9, the operator of Sofia Airport has announced. The Kiss & Ride concept is being introduced. The zone is specifically designed for short free..
Traffic at the border crossings of Bulgaria is normal, the Border Police has reported. However, about 200 trucks are waiting to cross the Danube Bridge and have parked on the boulevards in Ruse. The trucks are waiting because of..
Bulgaria has made significant progress in meeting the criteria for inclusion in the U.S. Visa Waiver Program, caretaker Minister of Foreign..
I have not committed any crime, this is a political attack, the co-chairman of "We Continue the Change" (PP), Kiril Petkov, said before..
Caretaker Minister of Defense Atanas Zapryanov took part in the 25th meeting of the Ukraine Defense Contact Group at the level of Ministers of Defence..
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