CEZ Bulgaria

CEZ Distribution Bulgaria has received a construction permit for its EUR 1.5 million project to replace the 110 kV Zenit power transmission line and partly reconstruct two substations in Sofia, the company has said in a statement, according to reports.

The consumption of electricity on 6th of January increased by 20% compared to the same day in 2018, the electricity distribution company CEZ Bulgaria said on 7th of January, reports BNT. 

Company data shows that last year, the average consumption in Western Bulgaria was 1,525 megawatts, while yesterday it was 1,818 megawatts.

The BSP will formally request the cancellation of the purchase of CEZ Bulgaria from Inercom Bulgaria. Today, at 10:30, representatives of the Socialist Party will bring together the signatures of the National Citizens' Initiative.

Whether the Bulgarian state will be able to buy shares from CEZ will be understood at the end of next week. This was announced by the Inercom office.

The National Revenue Agency has begun a check in the deal between the electricity distribution company CEZ and Intercom, the Bulgarian National Radio said on 26th of February.

After it became clear that CEZ's governing bodies have approved a contract for the sale of their assets to Inercom Group, the reactions in parliament have not been delayed. Yesterday it was announced that the Czech concern CEZ sells its assets in Bulgaria and the buyer is Bulgarian company "Inercom Bulgaria".

* Competition watchdog says EVN, CEZ breached competition rules

* Companies deny wrongdoing, plan to appeal

* Energy regulator slaps another $3.6 mln fine on EVN (Adds another combined fine of BGN 6 mln  imposed on EVN)

The household electricity price in Bulgaria will rise by nearly 1 per cent, effective April 1, 2017. The increase, varying by electricity distribution company, was discussed by the Energy and Water Regulatory Commission (EWRC) meeting behind closed doors on Thursday, according to BNR.

The Energy Distribution Company CEZ has called for the creation of a fund for investments and support of vulnerable consumers via an increase in the sanctions for electricity theft.

Thousands of Bulgarian households have been experiencing power outages since Saturday due to gale-force winds causing disruptions along the power grid, an electricity network operator has said.