The planned construction of two new nuclear reactor units at the Kozloduy nuclear power station in Bulgaria could generate more than €55bn ($63bn) in economic value for the country over a lifetime of at least 60 years, according to an analysis presented by the project developer.

Petyo Ivanov, chief executive of state-owned Kozloduy NPP-New Build, told a conference earlier this week that Units 7 and 8 could contribute more than €9bn to the country’s gross domestic product during the construction phase alone.