Selection of the winning bidders for the Rousse and Varna electricity generation companies.
Not met (implemented partially) at P1R3. The executive board approved a waiver at P1R3. The privatization of the Varna electricity generating company was completed on April 24, 2006. The privatization of Rousse power plant was blocked by the decision of Commission for Protection of Competition. In February 2006, the Privatization Agency cancelled the procedure as the bid from the second bidder was unsatisfactory. A new tender is expected to be issued by July 25, 2006.  The selection of winning bid for Rousse electricity generation company is spc for October 31, 2006.