Russia Firm on 6.4 Bln Euro Price for Bulgaria's Belene N-Plant, To Seek up to 40% Stake

Russia Firm on 6.4 Bln Euro Price for Bulgaria's Belene N-Plant, To Seek up to 40% Stake

Russia will negotiate for a stake of 30 to 40 percent in Bulgaria's Belene nuclear power plant and a fixed price of 6.4 billion euro ($8.6billion) for the entire project, Bulgarian media reported on Friday.

"We have thought a lot andwe agreed  at the end but we are not ready to build the Belene nuclear power plant at all costs. We are ready to build it with less profit for us but not at a loss," business daily Dnevnik quoted the head of Russia's nuclear monopoly Rosatom, Segei Kiriyenko, as telling Bulgarian journalists in Moscow.

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