Bulgaria, NPP Kozloduy signed 22 million euros deal with Framatome

, SEE Energy News

Bulgaria’s sole nuclear power plant Kozloduy has signed a 22.1 million euros deal for systems and equipment technical maintenance with the German subsidiary of French nuclear energy company Framatome.

The statement from the operator said that Framatome will provide preventive technical maintenance, overhaul, supply of parts and
consumables, database service, diagnostics, as well as system upgrades at the plant. The deal was signed in early December, with Framatome submitting the sole offer at the tender.

NPP Kozloduy posted a record net profit in the amount of almost 367 million euros in the first nine months of 2021. This is mostly due to constant and relatively low electricity production costs, while, on the other hand, electricity prices on the exchanges have soared in the past few months, with October being 50 % more expensive than September.

Although most of the rise happened in the fourth quarter of the year, 9-month financial results of NPP Kozloduy are still impressive, with total revenues rising by 70 % compared to the same period in 2020, reaching over 800 million euros. Net profit was three times higher compared to January-September 2020 period, amounting to 367 million euros.