Latest news

AES, ControurGlobal decide to reduce electricity prices in Bulgaria

U.S. electricity firms AES and ContourGlobal decided to reduce the price of power they vend to Bulgaria's public electricity supplier NEK on Wednesday, in place of NEK making about 700 million levs ($389 million) in late payments by July.

read more... 09/04/2015


Westinghouse wants to continue negotiations over Bulgarian nuclear project

Electrical engineering group Westinghouse has decided to continue negotiations with Bulgarian authorities over the building of a nuclear reactor, after the expiry of a deadline for settling an agreement to construct the unit.

read more... 03/04/2015


Bulgaria and Romania start joint tender to finish gas connection

Bulgaria started a joint tender with Romania to accomplish the much-postponed gas interconnector between the Balkan neighbours, as declared by the state owned gas network operator Bulgartransgaz.

read more... 23/03/2015


Bulgaria abandons incentives for new renewable energy installations

Bulgaria's parliament abandoned privileged prices for new renewable energy installations on Thursday since the country is trying to reduce deficits in the energy sector and maintain a cap on consumers' utility bills.

read more... 27/02/2015


Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015