Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

The article discusses the European Investment Bank's advisory support to Bulgaria's state-owned power utility NEK for the construction of two large pumped storage hydropower plants, Batak and Dospat. These projects aim to strengthen electricity supply in Bulgaria and the EU. The total cost of each project is around EUR 900 million, with production expected to start by 2032. The projects are crucial for Bulgaria's energy mix, energy security, and decarbonization goals.

Source:

https://balkangreenenergynews.com/bulgarias-nek-gets-help-to-prepare-construction-of-two-large-pumped-storage-hydropower-plants/

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