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PPC

Energy Minister Skourletis: 'Agreement on ADMIE a Huge Success for the Government'

"The agreement for Independent Power Transmission Operator (ADMIE) has closed and its implementation is underway. The agreement clearly states the need for PPC to be compensated" stated Environment and Energy Minister Panos Skourletis in an interview to newspaper Agora. "We...

Activists Arrested in Greece after Power Plant Incident

Ten Greenpeace activists were arrested after climbing a tower at a power plant belonging to Public Power Corporation (PPC), Greece's main electricity provider in Kozani, Greece. The activists were protesting against the coal power plant, demanding for a switch...

Power Distribution Operator Cuts Electricity to 15,000 Customers in One Month

The electricity distribution network operator (HEDNO) in Greece has cut the power supply in 15,000 residences over the past 15 days, following orders by the state-run power utility PPC, which is apparently hardening its stance towards retail consumers with...

PPC Management Meets Greek MEPs on Free CO2 Emission Certificates

Public Power Corporation's (PPC) management expressed the company's demand for free emission certificates of carbon dioxide to Greece as of 2016 at a meeting with Greek MEPs who were also briefed on the company's positions regarding the liberalization of...

Greek Minister of State Calls on Politicians to Bring their Money Back to the Country

Greek Minister of State Alekos Flambouraris on Tuesday, in statements to SKAI TV, called on all politicians and non politicians to bring their money back to Greece . "We are giving a fight for existence and even one euro matters in...

Power Utility PPC's Head Zervos Resigns Following a Court Indictment

The President and CEO of Greece ’s state-run power utility company PPC, Arthouros Zervos, submitted his resignation to the Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis on Wednesday evening, who accepted it. In his resignation, Zervos says the decision...

Greek Gov't Working on Plan to Lower Electricity Rates, Sources Say

The Productive Reconstruction, Environment and Energy ministry is working with Greece 's Public Power Corporation (PPC) on a plan to lower electricity rates, government sources said on Tuesday. Responding to media criticism of a decision to improve the pay package...

Greek Govt Work Coordination Minister: Water and Energy Not for Sale

Greek Government Work Coordination Minister Alekos Flabouraris stated that energy and water will never be privatized in Greece. In an interview to Greek radio, Flabouraris said that the Public Power Corporation (PPC) will not be privatized and the same applies to the...

Greek FinMin: We Won't Recall Privatizations due to be Completed

Greek Finance Minister Yanis Varoufakis appeared reassuring that the SYRIZA-led government does not intent to recall privatizations that are close to be complete, while he characterized the Chinese colossal shipping and logistics company Cosco investment in the Port of Piraeus as...

Greek Govt VP Dragasakis: We Will Make Dialogue, Not Blackmail

"Since Sunday evening Greece is a country with its own proposals. We understand that the other countries also have their own suggestions, their own parliaments and we talk about dialogue, not mutual blackmailing," government Vice President Giannis Dragasakis underlined...