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Greece to Present 500-Million-Euro Rescue Plan for Struggling Public Power Utility

The new President and CEO of the Public Power Corporation (PPC), Greece's struggling public power utility, will present a 500-million-euro rescue package to the company's...

Greek Public Power Cooperation Records Huge Losses

The Greek Public Power Corporation (PPC), the largest publicly-owned utility in the country, announced on Tuesday losses amounting to 542 million euros for 2018. PPC’s...

Greece Approves Power Plant Sales Despite Angry Protests

Greek lawmakers on Wednesday approved the sale of power stations by Greece's dominant power utility Public Power Corp. (PPC) in spite of workers...

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...

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