ECONOMY

Bulgarian nuclear plant to seek Western investment

Bulgaria will not build a 2000-megawatt nuclear power plant at Belene on the Danube with Russia alone and will seek ways to drop the 6-billion-euro project if it fails to find Western investors.

Bulgaria may use the nuclear reactor built by Rosatom Corp, Russia?s state-run nuclear company for the Belene plant, to expand its operating atomic plant Kozloduy and add it as a third unit, Bulgaria?s new Energy and Economy Minister Delyan Dobrev said in Sofia on Wednesday after he was appointed to replace Traicho Traikov.

Dobrev pledged to speed up work on pipeline links with the gas grids in Greece, Romania and Serbia. ?Construction work on the interconnection with Greece will start at the end of the year or the beginning of next year,? Dobrev said. [Bloomberg]