Text size

Bulgaria signs engineering contract for new nuclear capacity with Westinghouse and Hyundai

published on 11/4/24 3:14 PM

Photo: BTA

An engineering contract for the construction of new capacity at the Kozloduy Nuclear Power Plant (NPP) has been signed by NPP Kozloduy - New Capacities and the Westinghouse and Hyundai consortium. Within a year, the engineering design, worth between $350 million and $370 million, will determine the cost of building the new Kozloduy Unit 7.

According to the caretaker government's plans, part of the construction of the new unit will be covered by proceeds from the future sale of equipment from the cancelled Belene NPP project to Ukraine. Caretaker Energy Minister Vladimir Malinov stressed that it was becoming increasingly realistic that Bulgaria would be the first in Europe to have nuclear units based on Westinghouse's AP1000 technology.

At the signing ceremony, caretaker Prime Minister Dimitar Glavchev said that the new capacity project "will contribute to the diversification and stability of nuclear energy in Bulgaria and the whole of Southeast Europe".

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News contract hyundai new capacities npp kozloduy nuclear energy westinghouse

More from category

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM