Belene nuclear project restarted
Bulgarian government approved the resumption of construction of an abandoned nuclear power plant project Belene, which could now become...
ČEZ to sell its Bulgarian assets to Intercom
ČEZ granted consent to the sale of its Bulgarian-based assets containing several companies to Inercom Bulgaria. Taking into account sale...
NEK in an effort to revitalise Chaira HPP
Bulgarian utility NEK issued an invitation for tenders to revitalise the 864 MW Chaira pumped storage hydro power plant. Source: Hydro...
ČEZ offloading its Bulgarian assets
ČEZ is preparing to sell its Bulgarian-based assets and exit its energy market. Reportedly, there are several binding bids. As reported...
ČEZ on a path to leave Bulgaria
Czech based utility ČEZ Group opened talks with potential buyers of its Bulgarian assets. These include distributor ČEZ Distribution...
EVN puts Bulgarian hydro project on hold
EVN AG announced it is putting the planned 175 MW cascade hydro power plant Gorna Arda on-hold. EVN and NEK own a joint-company with...
EVN settles dispute with NEK
Austrian-based EVN reached an out-of-court settlement with the National Electric Company (NEK) of Bulgaria after claiming NEK did not pay...
ČEZ announces plans to invest €66 M in grid ugrades
ČEZ Bulgaria announced intention to invest BGN 130 million (€ 66.5 million) over the course of 2017 in grid improvements of its...
ČEZ Distribution Bulgaria with ambitious investment plans
According to SEE News, ČEZ Distribution Bulgaria intends to invest €66.5 million in upgrading the electricity grid in 2017, more than any...
ČEZ looking to offload its Bulgarian assets
ČEZ is looking to offlad its Bulagarian-based assets pressured by frequent regulatory changes, small profit margins and lowered...
