In the coming two months, the company "Kozloduy NPP - New Powers" is set to finalize an engineering contract with a consortium comprised of South Korea's Hyundai Engineering and Construction and the American firm Westinghouse Electric Company. This announcement was made by Acting Minister of Energy Vladimir Malinov, who is currently in Seoul meeting with Hyundai’s executive director.
Following a decision by the National Assembly on February 23, 2024, "Kozloduy NPP - New Powers" EAD was assigned the task of negotiating with Hyundai Engineering Construction Co for the engineering, construction, delivery, and commissioning of a nuclear power plant utilizing AR1000 technology at the approved site in Kozloduy.
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