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beginning of 2010 Šlpine Bau reviewed its business development plans and decided to withdraw from the project. Thus only shareholders in the project left NEK and EVN. On July 19, 2010 in the
Bulgarian Embassy in Vienna, in the presence of the Bulgarian Prime Minister Mr. Boyko Borissov, shareholders agreement for construction and operation of hydro power cascade Gorna Arda was signed. This contract arranged the collaboration base between NEK and EVN. On behalf Bulgaria the document was signed by Krasimir Parvanov, the CEO of NEK EAD, and on behalf of Austria it was signed by Burkhard Hofer, Chairperson of the Board of Directors in EVN.
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The establishment of the new company proves the will of EVN and NEK to restore a long time planned project for a hydro power cascade on the upper stream of Arda river in South-Eastern
Bulgaria. At the moment the work is based on the technical redesign. The plan is in the region of Madan, Ardino and
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approved a letter of support for the realization of the investment project. This letter is not a state guarantee, does not burden the state budget and does not raise any financial obligations for the state. NEK, EVN and Alpine Bau expressed their wish to be shareholders in HEC Gorna Arda. In the
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This hydro power project is an important step towards using of renewable energy sources in
Bulgaria. By 2020 16% of the electricity produced in Bulgaria should be from renewable energy sources. A successful implementation of Gorna Arda project could provide a specific contribution.
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Kitnitsa to be constructed plants with total capacity up to 170 MW. Up to 350 GWh per year electricity will come from those plants in the
Bulgarian network, this amount covers the electricity needs of over 100 000 households.
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expressed its interest in the Gorna Arda project. The company operates on the
Bulgarian market since 2005 executing business activities in the field of distribution and trade of electricity in South-Eastern Bulgaria.
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367:. The groundbreaking was made in the end of 1999, planning to finish the construction of the cascade in 2006. Soon after that the project was frozen due to contradictions between the shareholders.
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Furthermore, the flexible production of energy from hydro power plants will contribute to the stability of the electricity supply in
Bulgaria.
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of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be
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appointed Hydro Power
Company Gorna Arda AD as the investor in the Gorna Arda Cascade. The
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is a
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for a long-term barter. The
Turkish side constructs roads and a cascade of
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Three hydro power plants are foreseen to be included in the cascade (
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Please help to demonstrate the notability of the topic by citing
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plants in
Bulgaria, and Bulgaria exports energy in return.
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Proposed renewable energy power stations in Bulgaria
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519:with more than 100 MW installed capacity
317:Learn how and when to remove this message
106:Learn how and when to remove this message
744:Hydroelectric power stations in Bulgaria
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384:government of the Republic of Bulgaria
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44:adding citations to reliable sources
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363:), placed on the upper stream of
634:BelmekenāSestrimoāChaira Cascade
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170:Thermal power station
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31:needs additional citations for
330:Hydro Power Company Gorna Arda
266:"Gorna Arda Hydro Power Plant"
121:Gorna Arda Hydro Power Company
55:"Gorna Arda Hydro Power Plant"
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232:general notability guideline
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239:reliable secondary sources
228:The topic of this article
382:On September 2, 2009 the
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470:Renewable energy portal
191:Nameplate capacity
334:Turkish Ceylan Holding
185:Power generation
659:DospatāVacha Cascade
555:Thermal power plants
530:Nuclear power plants
388:Council of Ministers
40:improve this article
626:Hydro power plants
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155:Under construction
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38:Please help
33:verification
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722:Ivailovgrad
646:- 375 MW,
616:Sofia Iztok
243:independent
738:Categories
715:Gorna Arda
696:- 136 MW,
667:- 165 MW,
650:- 240 MW,
642:- 840 MW,
636:- 1,575 MW
586:Ruse Iztok
570:- 1,260 MW
564:- 1,470 MW
547:- 2,000 MW
539:- 3,760 MW
406:References
365:Arda river
346:hydropower
277:newspapers
251:redirected
179:Hydropower
146:Gorna Arda
66:newspapers
708:Kardzhali
700:- 71 MW,
679:- 80 MW,
675:- 86 MW,
671:- 88 MW,
654:- 120 MW)
604:Republika
598:Maritsa 3
580:Bobov Dol
241:that are
724:- 110 MW
718:- 160 MW
710:- 170 MW
704:- 47 MW)
694:Peshtera
690:- 254 MW
683:- 60 MW)
661:- 500 MW
648:Sestrimo
644:Belmeken
618:- 100 MW
612:- 130 MW
606:- 180 MW
600:- 240 MW
594:- 500 MW
588:- 600 MW
582:- 630 MW
576:- 900 MW
537:Kozloduy
517:Bulgaria
374:company
372:Austrian
357:Sarnitsa
338:Bulgaria
160:Owner(s)
142:Location
133:Bulgaria
677:Krichim
420:"EPZEU"
291:scholar
255:deleted
164:EVN NEK
126:Country
80:scholar
681:Teshel
665:Orphey
640:Chaira
544:Belene
361:Ardino
342:Turkey
293:
286:
279:
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264:
247:merged
152:Status
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702:Batak
698:Aleko
669:Devin
610:Sofia
568:Varna
353:Madan
298:JSTOR
284:books
253:, or
204:[
87:JSTOR
73:books
359:and
340:and
270:news
59:news
376:EVN
42:by
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355:,
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197:MW
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