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Bulgaria's second-largest thermal power plant, which is located at the Black Sea port of Varna, has a total installed power of 1,260 megawatts (MW).
In April 2006, Bulgaria's Privatization Agency signed a contract to sell the coal-fired power plant to Czech utility CEZ for EUR 346 million in cash and investments.
The company`s main business activity is generation of electricity and heat, transmission and distribution of heat. The main fossil fuels TPP Varna burns is imported black coal. It
Full name: TPP Varna EAD (ТЕЦ Варна ЕАД)
Legal Form: Other non-liability limited
Operational Status: Operational