Investors Eager for Kozloduy NPP Unit 7, Bulgaria Says

Kozloduy CEO Valentin Nikolov said he was sure there would be at leat 3 investors to choose from. Photo by BGNES

Investors have shown a considerable interest in the potential construction of a seventh unit in Bulgaria's Kozloduy Nuclear Power Plant, according to Kozloduy CEO Valentin Nikolov.

"I am sure that we will have more than three investors to choose from," Nikolov told reporters on Monday.

He did not mention any potential investors, stating that it would draw unnecessary attention and "chase them away."

The construction of Kozloduy's Unit 7 may be completed much earlier than expected, depending on the feasibility study, Nikolov added.

On Monday, it was made clear that Westinghouse Electric Company has received a contract to perform a feasibility study on Kozloduy's potential Unit 7.

The Bulgarian government decided to build a 7th unit at the Kozloduy NPP after in March 2012 it gave up on the construction of a second Bulgarian nuclear power plant in Belene.

At present, only the 1000 MW units 5 and 6 are operational at the Kozloduy NPP, after Bulgaria agreed to shut down the 440 MW units 1-4 in 2002 and 2006 as part of its EU accession talks under pressure from Brussels.

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