The Council of Ministers issued a decree approving changes to

The Council of Ministers issued a decree approving changes to the budget of the Ministry of Energy for 2025 in the amount of BGN 1.5 billion to increase the capital of Bulgarian Energy Holding EAD. The decision adopted by the Council of Ministers envisages that the state will increase its shareholding in the capital of BEH EAD through a cash contribution in the specified amount, which will serve to finance the implementation of part of the investment projects of BEH Group.

The capital increase is in implementation of the updated medium-term budget forecast for the period 2025-2028, which is the motivation for the draft law on the state budget of the Republic of Bulgaria for 2025. Providing the funds for increasing the capital of BEH does not affect the deficit, but represents an operation in the part of financing the budget balance.

BEH EAD is a sole proprietorship with 100% state participation in the capital, with the rights of the state being exercised by the Minister of Energy. It is the sole owner of the capital of a number of enterprises in the energy sector, some of which are strategic objects of importance for national security and part of the critical infrastructure. The implementation of the licensing activities of state-owned energy enterprises ensures the reliability of the supply of electricity and natural gas both for consumers in the country and in terms of cross-border transmission.

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The funds will be used to finance structure-defining projects such as the Chaira, Batak and Dospat nuclear power plants, units 7 and 8 of the Kozloduy NPP Kozloduy, hydroelectric power plants, upgrading the gas transmission network, reconstruction of the electricity transmission network, etc.

The investments that will be made by BEH, as a result of the capital increase, aim to increase the company's revenues, respectively the profits for BEH Group.

In this way, their future implementation will be guaranteed, which will contribute to the country's energy independence, the sustainability of the sector, energy diversification, security of supply, and will also help implement European policies regarding the environment.

The law on the state budget for this year states that BEH will receive support of 2.5 billion leva for the construction of a new nuclear unit and for the start of construction of the PAPP, owned by NEK. This means that by the end of the year the state is preparing to give another billion leva to the financial energy holding. The second amount for BEH is worth 250 million leva and it is for providing funds to " Mini Maritsa-iztok ", incl. for technical reclamation of land at the " Iztoknomariski Coal Basin " deposit.