NEK EAD

Natsionalna Elektricheska Kompania EAD (NEK) (Bulgarian: Национална електрическа компания ЕАД) operates as a government-owned joint-stock enterprise based in Sofia, Bulgaria, with its capital invested by Bulgarian Energy Holding.

The primary activities of NEK encompass electricity production and commercial trading. The company possesses 31 hydroelectric and pumped storage facilities, collectively offering an installed capacity of 2,737 MW. These assets are mainly structured within four hydropower cascades: Belmeken-Sestrimo-Chaira, Batak, Vacha, and Dolna Arda, which play a crucial role in managing peak demand and stabilizing the electrical grid.

NEK is authorized by the EWRC to conduct operations involving hydroelectric power generation (HPP & PSHPP), electricity trading, as well as public electricity supply.

Managing 40 dams through its Dams and Cascades division, NEK oversees reservoirs that account for 50.1% of Bulgaria’s total water reserves. This substantial resource portfolio reinforces the company’s key position within the country’s energy sector.