Botevo is a village in Aksakovo Municipality, in Varna Province, Bulgaria.

By 2011, the dam did not function as a hydropower facility because of the lack of responsible management.

In 2012, the preparation of a complete technical documentation for the repair of water intake and gate wells and construction of CIS (control and measurement system) began.

MIT - TTX Ltd. began the overhaul of hydraulic structures, and the dam and reservoir was completely rebuilt and restocked.

The construction of gazebos, barbecues, bridges and other facilities for lovers of sport fishing will soon begin.