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„Kozloduy Nuclear Power Plant – New Builds“ EAD and NuScale Power, LLC signed a Memorandum of Understanding

"Kozloduy NPP - New Build" EAD and NuScale Power, LLC signed a Memorandum of Understanding to study the possibility of implementing nuclear technology based on small modular reactors in the Republic of Bulgaria.

The document signed at the end of 2020 is in implementation of the decision of the Council of Ministers taken on October 14, 2020, and aims to provide the necessary information to justify the possibility of building a new nuclear capacity at the Kozloduy NPP site, in the context of achieving the European Union's goals for climate neutrality by 2050 and diversification of energy resources.

The Memorandum of Understanding is a proven commercial practice through which the parties lay the foundations for the implementation of projects of mutual interest, while at the same time not requiring the assumption of a commitment to a future investment decision or the incurrence of related financial costs.


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15 June 2026

Change in the management of „Kozloduy NPP - New Capacities“ EAD

With a decision of 5 June 2026, the Board of Directors of Kozloduy Nuclear Power Plant EAD, in its capacity as the sole owner of the capital of Kozloduy Nuclear Power Plant – New Capacities EAD, adopted changes in the management of the project company. The Chairman of the Board of Directors, Mr. Alex Nestor, the Executive Director, Mr. Petio Ivanov, as well as members Mr. Georgi [...] have been dismissed.

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10 June 2026

Petyo Ivanov: We have always worked on this project, dreaming of seeing a functioning power plant, not just PowerPoint slides.

GREETINGS ADDRESS FROM „KOZLODUY NPP – NEW CAPACITIES“ EAD It is an honour for me to address you today at the forum that brings together the people shaping the future of nuclear energy in Bulgaria. I thank the organisers from BULATOM for bringing together so many experts in one place for another year. The world is at a pivotal moment in the development of energy [...]

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2 June 2026

The localising of activities for Units 7 and 8 of the Kozloduy Nuclear Power Plant is a key factor for the project's success.

The localisation of activities for Units 7 and 8 of the Kozloduy Nuclear Power Plant is a key factor for the project's success, stated the Executive Director of „Kozloduy Nuclear Power Plant – New Capacities“ EAD, Petyo Ivanov, during the panel dedicated to nuclear energy at the Green Transition Forum. Also participating in the discussion were Ivan Pirinkov, Managing Director, Westinghouse Bulgaria, and Desong Kim, Quality Director [...]

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