The Council of Ministers approved a report by the Minister of Energy on action to build units 7 and 8 of Kozloduy Nuclear Power Plant with AP 1000 technology.
The Council of Ministers agreed to the construction of Unit 8 of Kozloduy Nuclear Power Plant and ordered that the necessary procedures and documentation be prepared.
With regard to the construction of Unit 7, the Council of Ministers instructs the Minister of Energy to organize the necessary procedures on the selection of a contractor that will provide complex design, construction and commissioning services. The final contract with the successful contractor and the supplier of AP 1000 technology must be drawn up at a fixed price and terms of implementation.
The Council of Ministers instructs the Minister of Energy to organize negotiations with financial institutions on the provision of a loan resource and to take action to increase the capital of “Kozloduy NPP New Build” EAD with a cash contribution of up to BGN 500 million from the “Bulgarian Energy Holding” EAD.
The construction of units 7 and 8 of Kozloduy Nuclear Power Plant can successfully replace the decommissioned units 1 to 4 with a total installed capacity of 1760 MWe and provide a reliable source of baseload electricity. The possibility of working in the so-called “maneuvering” mode of new units will improve the balancing of the national energy system in view of the intermittent nature of the energy from renewable sources.
The construction of new facilities at the Kozloduy Nuclear Power Plant site is appropriate considering the excellent existing infrastructure for radioactive waste management, physical protection, radio- environmental monitoring and emergency response. The site has also available spare capacity to connect new power capacity, as well as trained highly qualified staff.