October 28 (SeeNews) - Bulgarian thermal power plant (TPP) Bobov Dol [BUL:TC8A] said that its standalone net loss narrowed to 6.3 million levs ($3.8 million/3.2 million euro) in the first three quarters of 2020 from 17.4 million levs in the same period of 2019.
TPP Bobov Dol's expenses fell to 81.4 million levs in the review period from 100.3 million levs the year before, it said in an interim financial statement.
The company's revenue decreased to 75.1 million levs in the first nine months of 2020 from 82.9 million levs a year earlier.
TPP Bobov Dol, established in 2000, is a coal-fired power plant located in the Kyustendil region, in southwestern Bulgaria, with an installed capacity of 630 megawatts. In 2008, the government sold Bobov Dol TPP to local consortium Energy MK, which remains its sole owner.
(1 euro = 1.95583 levs)