AES Bulgaria announced on Friday that it must initiate a controlled and safe shutdown of the plant, transitioning it into a conservation mode. This action is necessitated by the expiration of the long-term power purchase agreement between TPP AES Galabovo and the National Electricity Company (NEK). The company stated that this measure represents a responsible strategy for safeguarding the plant and maintaining potential for future operations.
The statement addressed reports of mass layoffs at the plant, which had been reported by regional labor offices on Thursday. AES Bulgaria indicated that future employment at the facility will be contingent upon its evolving operational status, emphasizing that the company has maintained transparency with its staff regarding the conservation process and has treated affected employees respectfully. Furthermore, AES Bulgaria confirmed that it has notified Mini Maritsa-East, as its contract for lignite coal supply for electricity generation is also scheduled to expire concurrently.
The company also noted its ongoing dialogue with Bulgarian authorities and relevant stakeholders to identify potential development opportunities. These efforts aim to ensure the AES Galabovo Thermal Power Plant can continue contributing to Bulgaria’s energy security and grid reliability. AES Bulgaria clarified that these operational changes do not impact the Saint Nikola Wind Farm in Kavarna, which remains part of the investor’s portfolio.
Topics: #aes #plant #galabovo
