Bulgaria's Largest Thermal Power Plant under InvestigationEnergy | December 6, 2010, Monday // 17:47| views
The second biggest energy company in Bulgaria, the Maritsa East 2 Thermal Power Plant, is under investigation for law violations, according to Plovdiv's Regional Prosecutor's Office.
The violations have allegedly cost millions of Euro to the Bulgarian state.
A reason for the investigation is reportedly the deal between Maritsa East 2 and the Japanese company Mitsui, which should have rehabilitated the plant's 4 older power units.
Due to a delay in Mitsui's work, though, the plants former executives had to pay a EUR 8 M forfeit.
Maritsa East 2 is the largest thermal power plant in the Balkans. It has a total installed capacity of 1,465 MW and generates 30 % of Bulgaria's electricity. Maritsa East -2 consists of eight generating units, two of which are equipped with flue gas desulphurization plants.
Maritsa East 2 is wholly state-owned. It is a subsidiary of the Bulgarian Energy Holding.