NEK has several options to react against Moscow’s claim about Belene NPP

“The National Electricity Company (NEK) will chose the most appropriate way to react against the claim filed by the Russian Atomstroyexport about the construction of the Belene Nuclear Power Plant (NPP),” said Minister of Economy, Energy and Tourism Traicho Traikov. According to him, the company’s lawyers have drafted a serious analysis showing several options, which the management can use to respond.

The claim of Atomstroyexport is for €58 mln and was brought on because of the outstanding liabilities of NEK to the contractor of the Belene NPP project. The managers of the public provider announced that they are ready to file a claim against the Russian side for €61 mln for the old equipment of the reactors which has not been paid in full. However, the company has not received an official letter from the Russian side about the initiation of legal proceedings. The case will be tried at the Paris Court of Arbitration.

Meanwhile, information was released that NEK had not signed contracts for electricity supply with the Czech CEZ and the German E.ON companies. “Currently, the contracts are being refined and these are expected to be concluded by September,” said Angel Semerdjiev Chairman of the State Energy and Water Regulatory Commission (SEWRC) yesterday. The contracts will regulate the relations between the companies regarding the issue of electricity supply for household customers. Semerdjiev added that CEZ, EVN and E. ON have appealed the already set electricity prices in force as of July 1.

Experts from the energy regulator announced further that SEWRC will open regional offices in the cities of Plovdiv, Varna and Pleven in charge of accepting complaints. According to Semerdjiev, this will make it easier for people to complain if they have problems with the suppliers of natural gas, electricity, heating or water and sewage services.

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