Bulgaria begins construction of new nuclear plant
The Belene plant on the Danube River will compensate for the closure of two units at the existing Kozlodui plant. State-owned NEK power utility says Belene's two 1000-megawatt reactors will be operational by 2014.
Russia's Atomstroyexport will be the main contractor, using France's Areva and Germany's Siemens as primary subcontractors.
NEK will retain control of Belene's operations with at least a 51 percent stake, while Bulgaria has already shortlisted Germany's RWE Power and Electrabel SA of Belgium as strategic investors.
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Ottawa hands N.L. $5.2 billion for troubled Muskrat Falls hydro project
ST. JOHNS - Prime Minister Justin Trudeau was in Newfoundland and Labrador Wednesday to announce a $5.2-billion deal to help the province cover the costs of a troubled hydroelectric project ahead of an expected federal election call.
Trudeau's visit to St. John's, N.L., wrapped up a two-day tour of Atlantic Canada that featured several major funding commitments, and he concluded his day in Newfoundland and Labrador by announcing the province will become the fourth to strike a deal with Ottawa for a $10-a-day child-care program.
As he addressed reporters, the prime minister was flanked by the six Liberal members of Parliament from…
