NEK EAD

Natsionalna Elektricheska Kompania EAD (NEK) (Bulgarian: Национална електрическа компания ЕАД) is a single-owned joint-stock electric company headquartered in Sofia, Bulgaria. Bulgarian Energy Holding is the holder of the capital of NEK.

Natsionalna Elektricheska Kompania NEK

Industry	Electricity
Founded	1991 (1991)
Headquarters	Sofia , Bulgaria
Key people	Georgi Dobrev (CEO)
Products	generation and trade of electricity
Revenue	US$1.5 billion (2006)
Net income	−354,000 Bulgarian lev (2022)
Total assets	5,649,000,000 Bulgarian lev (2022)
Owner	Bulgarian Energy Holding
Number of employees	15,000 (2006)
Parent	Bulgarian Energy Holding
Subsidiaries	HPP Branch, Dams and Cascades Branch
Website	www.nek.bg

The main company's activities are generation and trade of electrical energy. NEK is the owner of 31 hydro and pumped storage power plants with a total installed capacity of 2737 MW. Most of the hydropower is generated within four hydropower cascades: Belmeken-Sestrimo-Chaira; Batak, Vacha, and Dolna Arda. All are used to cover peak loads, and to regulate the grid system.^{[citation needed]}

NEK is a holder of hydro (HPP&PSHPP) generation license, electricity trading license and public power supply license, all issued by EWRC.

NEK, through its branch Dams and Cascades, manages 40 dams and the total capacity of the storage reservoirs operated by NEK represents 50.1% of the total controlled water resources of the country.^[1][2][3]