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Eighth National CNS Report

According to the report, considering the decision of the Council of Ministers from 29 June 2018 it can be assumed that the government intentions concern the incorporation of a new project company, the capital of which should include participation of NEK and the future strategic investor. 

The new company will be the successor to NEK in terms of the actions performed on the Belene NPP project and will thus be able to use the rights as per the licensing acts issued so far. 

The legislation allows а legal successor to intervene in place of the current holder in the pending licensing procedures. 

The legal successor should have competent staff as well as sufficient financial, technical and material resources to carry out the activity, which should be evaluated by the regulatory authority. 

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