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Greece Finalises Deal with Lenders to Sell Coal-Fired Plants

Greece has finalised a deal with its official creditors on the coal-fired plants the country will sell to comply with an EU court ruling,...

China Development Bank and Public Power Corporation to Sign MoU in Thessaloniki

China Development Bank (CDB) and Public Power Corporation (PPC) will sign a memorandum of understanding (MoU) on Saturday, September 9, in Thessaloniki, during a...

Greece’s National Electric Company PPC Dealing with Major Theft

Many Greek citizens have not paid their electricity bill and have decided to steal electricity instead. Electricity theft is costing Greece’s dominant power utility Public...

Power Workers Threaten With Blackouts Over Impending Privatization of PPC

Public Power Corporation (PPC) worker unions are to meet on Thursday and Friday to discuss their reaction to the impending privatization of part of...

PPC Labor Union Announces Strikes Against Sale of Power Production Units

The labor union of Greece’s power utility PPC announced on Monday it will call strikes against the government’s decision to sell some of the...

PPC Shareholders Approve Transfer of 51 % Stake in ADMIE

On Tuesday Greece's power utility Public Power Corp (PPC) approved the transfer of a 51 percent stake in the power grid operator ADMIE. The move...

Tsakalotos, Stathakis Meet with Bank Managers Over ADMIE Sale

The actions needed to ensure the timely conclusion of the privatisation of the country's power grid operator ADMIE were discussed in a meeting between...

New Breakdown at Kardia III Power Unit Leaves Ptolemaida Without Heating

A new malfunction at the Kardia III power unit on Monday afternoon, one of the four units comprising PPC’s Ptolemaida thermal power station (TPS),...

Outstanding Debt to PPC Threatens Stability of Energy Market, Official Says

A statement by a senior company official for Greece's Public Power Corporation (PPC) recently reported that the outstanding debt consumers owe to the energy...

China’s State Grid Submits Winning Bid for 24% Stake in ADMIE

Greece’s power utility PPC announced on Wednesday that China’s State Grid Corporation has submitted the winning bid for a 24 percent stake in grid...

Power Utility Says Three Companies to Continue in ADMIE Tender

Power utility PPC announced that three companies out of four that expressed interest will continue in the tender for the sale of a 24...

Energy Minister Skourletis Against Selling of 17pct of PPC

Greek Energy Minister Panos Skourletis stated clearly that he is against the selling of 17 percent of the PPC (Public Power Corporation) adding that this is...

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