Bulgaria, TPP Maritsa East 3 will begin its regular annual overhaul on 16 June

, SEE Energy News

Bulgarian coal-fired thermal power plant Maritsa East 3, operated by ContourGlobal, announced that it will begin its regular annual overhaul on 16 June.

TPP Maritsa East 3 has accounted for about 12 % of the electricity which was produced in the country from the start of 2022 up to the end of May. Its output, which covered the needs of over 1.4 million local households in the first five months of the year, registered a year-on-year increase of 21 %.

ContourGlobal Maritsa East 3 owns and operates the first lignite coal-fired thermal power plant in southeastern Europe, which operates in full compliance with the highest European standards for occupational safety and environmental protection. The 908 MW plant generates about 10 % of the electricity in Bulgaria, using local energy sources and thus contributes to guaranteeing the energy security and independence of the country.

The shareholders are ContourGlobal with 73 % stake and the National Electricity Company (NEK) with 27 % stake.

In mid-May, ContourGlobal agreed to be taken private by US buyout firm KKR & Co for 1.75 billion British pounds.