September 16 (SeeNews) - Bulgaria's Bobov Dol thermal power plant (TPP) [BUL:TC8A] said on Wednesday that it recorded a consolidated net loss of 7.2 million levs ($4.3 million/3.7 million euro) in the first half of 2020, compared to a loss of some 13.0 million levs in the same period of last year.
The power plant's operating expenses decreased to 47.1 million levs in the first six months of 2020, from 66.9 million levs a year earlier, mostly due to lower expenses for materials, the TPP operator said in an interim financial statement.
The company's revenue fell to 39.9 million levs in the first half of the year from 53.9 million levs in the comparable period of 2019.
The plant sold 520,855.589 MWh of electricity and 680,755.32 MWh of reserve capacity in the review period, down from 694,659.25 MWh and 706,424.77 MWh in 2019, respectively, TPP Bobov Dol said last month in a non-consolidated financial report.
Bobov Dol, established in 2000, is a 630 MW coal-fired power plant located in Kyustendil region, in southwestern Bulgaria. In 2008, the government sold Bobov Dol TPP to Consortium Energy MK, which remains its sole owner.
(1 euro = 1.95583 levs)