Support The Moscow Times!

Bulgaria Hires Westinghouse

Bulgaria has relaunched its nuclear power program, hiring Westinghouse to prepare a proposal on how to use a Russian-built reactor after shelving Atomstroiexport's Belene power plant project in March.

Westinghouse will put forward a plan for installing the 1,000 megawatt reactor, which was built by Atomstroiexport for the Belene plant, at the Kozloduy power station, Bulgarian Energy Minister Delyan Dobrev said Monday.

The government plans to offer up to 49 percent to foreign investors.

The $12.5 billion Belene plant was expected to be financed by nuclear power monopoly Rosatom. In March, Bulgaria's center-right government canceled the project to allay concerns that Russia would gain control of the EU country's nuclear future.

(Reuters)

Related articles:

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more