Bulgaria, Thermal power plant Bobov Dol recorded a net loss in the amount of 20.8 million euros in 2021

, SEE Energy News

Bulgarian thermal power plant Bobov Dol recorded a net loss in the amount of 20.8 million euros in 2021, compared to a net profit of some 870,000 euros in the previous year.

The company’s total revenues rose to 103.7 million euros last year, compared to 82.4 million euros recorded in 2020. Sales revenues rose by 21 % year-on-year to 95 million euros. However, total expenditures rose even higher, to 124.5 million euros in 2021, from 81.4 million euros a
year before. The company’s assets amounted to 209 million euros at the end of 2021.

TPP Bobov Dol is 630 MW coal-fired power plant commissioned in 2000, located in southwestern Bulgaria. It was privatized in 2008 and local consortium Energy MK is the plant’s sole owner.