Following to recent news about tender extension for supplier of NPP Belene, Bulgarian side decided to ask the interested parties to improve their offers. The interested companies (Škoda Holding and Russian Atomstrojexport) shortened time of the construction already and now Bulgaria is calling for a better price. The tender concerns construction of two 1,000 MW nuclear reactors in Belene. Bulgaria plans to keep in the NPP a majority stake. The tender resolution is expected by the end of August and the contract can reach up to EUR 4bn.
Our view:
CEZ follows its strategy to become leader in CEE and SEE countries and plants to increase its power in the Bulgaria after acquiring three distribution companies and TPP in Varna.