Toshiba Corporation and Bulgaria's Bulgarian Energy Holding EAD today signed a Memorandum of understanding (MOU), under which they will discuss further developing cooperation in the field of energy and energy efficiency. The potential relationship between the parties includes closer cooperation in energy generation, including thermal power, hydro power, nuclear power and solar photovoltaic power, and increasing the efficiency of power transmission and distribution through the development of smart grids.
The MOU signing was attended by Mr. Traicho Traikov, Bulgaria's Minister of Economy, Energy and Tourism, who is in Japan with a Bulgarian delegation led by the Prime Minister, and who visited Toshiba today to mark completion of Toshiba's work in the rehabilitation of Maritsa East 2 Thermal Power Plant project.
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