AES Bulgaria announced on Friday that it must implement a controlled and safe shutdown of the plant, placing it into conservation mode. This decision follows the expiration of the long-term power purchase agreement between TPP AES Galabovo and the National Electricity Company (NEK). According to the company’s statement, this action is deemed responsible for safeguarding the plant and maintaining potential for future operations.
The announcement addresses reports of mass layoffs at the plant, which were circulated by regional labor offices on Thursday. AES Bulgaria stated that future employment at the facility will depend on its evolving operational status, assuring that the company has maintained transparency with staff regarding the conservation process and treating affected employees respectfully. Furthermore, AES Bulgaria confirmed that it has notified Mini Maritsa-East, as the contract for lignite coal supply necessary for electricity generation is expiring concurrently.
In its statement, the company indicated it is in continuous dialogue with Bulgarian authorities and relevant stakeholders. The goal of these discussions is to explore development opportunities that could enable the TPP AES Galabovo to continue supporting Bulgaria’s energy security and grid reliability. AES Bulgaria also clarified that these changes do not impact the Saint Nikola Wind Farm in Kavarna, which remains part of the investor’s portfolio.
Topics: #aes #plant #galabovo
