SOFIA, April 23 Austria's EVN said on
Wednesday it was ready to begin talks with Bulgaria's public
power provider NEK to try and reach an agreement in a payment
dispute that has put CEZ's operating licences under threat.
"Today, EVN Bulgaria submitted a proposal to NEK on how to
settle the existing trade dispute between the two companies,"
the EVN, which owes 216 million levs ($152.72 million) according
to Bulgaria's energy regulator, said in a statement.
NEK was not immediately available for comment.
EVN asked the regulator to postpone once again its decision
on whether to revoke the licences of three foreign-owned power
distributors which are locked in a payments dispute with NEK to
get acquainted with the new evidence, which was presented on
The regulator postponed the decision until April 28.
Last month, EVN, Czech firm CEZ and Energo-Pro
were given an ultimatum to pay some 318 million levs
owed to NEK or risk losing their licences.
NEK already said it was ready to begin talks with CEZ to try
and reach an agreement to arrange the payment of about 38
million levs in due funds.
($1 = 1.4144 Bulgarian Levs)
(Reporting by Angel Krasimirov; Editing by Elaine Hardcastle)