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Bulgaria - Energy Project (Inglês)

The project's objectives are to: (a) improve the operating efficiency and reliability of the power system, thus reducing supply disruptions; (b) improve voltage control and frequency regulation; (c) realign the level and structure of electricity tariffs to the level and structure of electricity tariffs to rationalize consumption of electricity, reduce imports, reduce the pollution associated with electricity generation, and mobilize resources for the Natsionalna Elektricheska Kompania (NEK); (d) improve and depoliticize the tariff setting system; (e) reduce the need for electricity imports or other high cost sources to meet peak demand; (f) reorient the operations of NEK along more commercial lines; and (g) strengthen dam safety at the Belmeken and Chaira dams and associated saddle dam. The project consists of three components. First is improvement of the supervisory control and transmission network systems for NEK. The second is completion of units 3 and 4 of the pumped storage project at Chaira, which is owned by NEK. Third is technical assistance, primarily to help NEK in operating more efficiently and in a more commercial manner.


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    Relatório sobre Avaliação do Pessoal

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    Europa e Ásia Central,

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    Bulgaria - Energy Project

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    Electricity;investment need;Company Law;oil and gas exploration;average cost of supply;price petroleum product;increases in money wage;interest during construction;long run marginal cost;price of natural gas;cost of electricity production;energy management system;kv line;generating capacity;transmission and distribution;electricity tariff;district heating system;convertible currency;Energy Sector;consumption of energy;consumption of electricity;demand for electricity;availability of power;kv transmission line;cost of production;supply of electricity;production of coal;foreign commercial bank;aggregate energy consumption;availability of fuel;terms of trade;liberalization of prices;centrally planned economy;limited liability company;administratively set prices;hydro power station;financial management improvement;water by household;district heating company;coal mining company;generation of electricity;reserves of oil;decline in productivity;prices of import;steam for industry;heat supply system;efficiency and quality;cost of fuel;domestic policy reform;misallocation of resources;marginal cost pricing;external contingency mechanism;implementation of reform;agriculture and service;current account deficit;Foreign Exchange Reserve;domestic energy resource;private commercial bank;share of import;adverse external shocks;rate of inflation;high oil price;rate of growth;price of coal;multiple exchange rate;dam safety aspect;panel of expert;capital investment program;district heating plant;efficiency of energy;economies of scale;petroleum product price;economic reform program;world market price;variable interest rate;exchange rate policy;interest rate policy;costs of rehabilitation;fundamental structural changes;availability of imports;government-owned companies;state enterprise sector;independent central bank;joint stock company;government owned company;thermal power plant;high voltage network;floating exchange rate;private business activity;thermal generating capacity;Exchange rate policies;sale of electricity;tight monetary policy;higher interest rate;official exchange rate;industrial consumer;reference price;heat value;peak demand;nuclear plant;power system;domestic consumption;regulatory mechanism;retail price;energy product;energy price;real wage;rapid industrialization;installed capacity;



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