SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bulgaria's NPP Kozloduy almost doubles 9-mo net profit

Nov 10, 2022, 3:11:37 PMArticle by Tanya Ivanova
share
November 10 (SeeNews) - Bulgaria's sole nuclear power plant (NPP) Kozloduy booked a net profit of 1.37 billion levs ($696.9 million/700.5 million euro) in the first nine months of 2022, surging from 717.5 million levs a year earlier, parent company Bulgarian Energy Holding (BEH) said.

Bulgaria's NPP Kozloduy almost doubles 9-mo net profit
Photo: NPP Kozloduy / All rights reserved.

NPP Kozloduy's revenue from electricity sales jumped to 5.06 billion levs in the January-September period from 1.57 billion levs a year earlier, Kozloduy NPP said in an interim financial statement published on the BEH website.

Kozloduy’s total assets increased to 4.72 billion levs at the end of September from 4.07 billion levs at the end of 2021, according to the financial statement.

NPP Kozloduy operates two units of 1,000 MW each, which receive fresh nuclear fuel from Russian company TVEL.

Bulgaria's parliament decided on Wednesday to mandate the caretaker government to initiate a process for licensing of alternative deliveries of nuclear fuel for the Kozloduy power plant in a bid to eliminate dependence on Russian supplies.

(1 euro = 1.95583 levs)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.