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.
Related News
N.S. senior suspects smart meter to blame for shocking $666 power bill
HALIFAX - A Nova Scotia senior says she couldn't believe her eyes when she opened her most recent power bill.
Gloria Chu was billed $666 -- more than double what she normally pays.
As someone who always pays her bi-monthly Nova Scotia Power bill in full and on time, Chu couldn't believe it.
According to her bill, her electricity usage almost tripled during the month of May, compared to last year, and is even more than it was last winter.
She insists she and her husband aren't doing anything differently -- but one thing has changed.
"I have had a problem since they put the…
