The first of two planned new units at nuclear power plant Kozloduy will be completed in 2033 and the second one is expected to be completed two to three years afterwards, the Bulgarian government announced.
To facilitate the construction of Unit 7, Bulgaria will inject 500 million levs (255.6 million euro) to increase the capital of the project company, Kozloduy NPP Newbuild. Preparations for the construction of Unit 8 have also been given the green light.
The cabinet mandated energy minister Rumen Radev to move forth with appointing a contractor for the technical design, construction and commissioning of the new Unit 7 and to sign a contract with the preferred bidder and the provider of the selected AP1000 technology stating a fixed price and setting a timeline for completion.
Additionally, the government required the energy minister to start talks with financial institutions on securing the necessary loans to fund the project.
-The combined capacity of the future Units 7 and 8 is 2300 MW, or significantly higher than the capacity of the decommissioned Units 1, 2, 3 and 4 at the Kozloduy nuclear power plant, which had a total capacity of 1760 MW – prime minister Nikolay Denkov said.