Deadline For TPP Bobov Dol’s Privatization Contract Extended Once Again

The deadline for the sealing of TPP Bobov Dol AD’s 100% privatization contract between Bulgaria’s Privatization Agency (PA) and the Greek State Electricity Company PPC was extended once again - this time to 30 April.
The extension was made to provide the necessary technical time for the signing of framework agreements for delivery of Bulgarian coal and to settle some environmental issues at the plant.
The Privatization Agency announced it was extending the deadline, which expired in February, by 60 days (to 10 April 2007).
TPP Bobov Dol AD generated turnover of 137.943 mln leva in 2005 compared with 138.528 mln leva the previous year. Its pretax profit was 377,000 leva against 559,000 leva in 2004.

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