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Bulgaria's TPP Maritsa Iztok 2 extends insurance deal with Bulstrad VIG

Author Mario Tanev
Bulgaria's TPP Maritsa Iztok 2 extends insurance deal with Bulstrad VIG Author: TPP Maritsa Iztok 2. License: All rights reserved.

SOFIA (Bulgaria), June 1 (SeeNews) - Bulgaria's state-owned coal-fired thermal power plant (TPP) Maritsa Iztok 2 said on Monday that it has extended its insurance contract with local Bulstrad - Vienna Insurance Group by three months and added 2 million levs ($1.1 million/1 million euro) to its overall value.

The insurance contract covers fire and natural disasters, TPP Maritsa Iztok 2 said in a notice.

The deal was initially signed in August 2019 for a nine-month period.

Most recently, TPP Maritsa Iztok 2's Unit 8 suffered damages from a fire which broke out in June 2019.

The power plant has eight operating units with a total installed capacity of 1,620 MW. 

(1 euro = 1.95583 levs)

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