Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Bulgaria strikes back at Russia with NPP counterclaim

October 07, 2011, 4:03 UTC+3
Bulgaria's NEK has filed a 61-million dollar lawsuit in the international arbitration court in Paris against Russia's
1 pages in this article

SOFIA, October 7 (Itar-Tass) —— Bulgaria's state-run power grid operator NEK has filed a 61-million dollar lawsuit in the international arbitration court in Paris against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday.

Minister Traicho Traikov made the announcement just days after NEK and Atomstoyexport extended the agreement over Belene nuclear project up to March 31, 2012.

At the end of July Atomstroyexport took NEK to the arbitration court in Paris for EUR 58 million over delayed payments for the work on two nuclear reactors. The Bulgarian company later said it would strike back with a counterclaim over delayed payments for the buyback of old equipment from the plant.

Bulgaria and Russia are unable to agree on the price for the construction of the 2000-MW Belene NPP. On September 30 NEK and Atomstoyexport signed a new annex that extended their contract by six months in order to study the feasibility analysis provided by NEK’s consultant – HSBC.

It will also allow the parties to take into account the results from the stress tests following the Fukushima NPP accident in Japan.

Show more
In other media
Реклама
Реклама