Bulgaria: AES Galabovo Power Plant Suspends Operations, Over 300 Workers Set to Lose Jobs

AES Galabovo thermal power plant will suspend operations and enter a conservation regime after the expiration of its long-term electricity purchase contract with the National Electricity Company (NEC), the management of AES Bulgaria confirmed in an official statement. The company described the shutdown as a controlled and technically safe process intended to preserve the facility so it can potentially be reactivated in the future. In this reduced operational mode, only a limited number of employees will remain at the plant to maintain essential systems. ...