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Bulgaria: Decreased losses at TPP Bobov Dol in 2020

In the first nine months of 2020, Bulgarian thermal power plant Bobov Dol recorded a non-consolidated net loss of 3.2 million euros compared to a loss of 8.9 million euros in the same period last year.

The company’s total revenues dropped to 38.4 million euros in the first nine months of 2020, compared to 42.4 million euros recorded in the same period in 2019. Total expenditures also fell to 41.6 million euros in the same period, from 51.3 million euros a year before. TPP Bobov Dol is 630 MW coal-fired power plant commissioned in 2000, located in south western Bulgaria. It was privatized in 2008 and local consortium Energy MK is the plant’s sole owner.

 

 

 

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