NEK
National Electricity Company EAD (NEK EAD) is a single-owner joint-stock company. Its seat of business is in Sofia. Bulgarian Energy Holding EAD is the holder of the capital of NEK EAD. The main functions of the Company are:
Generation and transmission of electrical energy
Centralized purchase and sale of electrical energy
Supply of electrical energy to customers connected to the transmission network
Import, export of electrical energy
Construction and maintenance of power generation and transmission facilities
Investment
Introduction and promotion of energy efficiency in the generation and transmission of electrical energy
Throughout the years of its existence, in order to utilize the waters for energy generation, NEK built 35 hydro power plants with 2811 MW total installed capacity below reservoirs. Their importance is expressed mainly in peak load covering and stability ensuring in the Electric Power System. The hydro power stations are included in the structure of the Dams and Cascades Enterprise of the National Electricity Company.