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23.03.2017 14:40
Stathakis: Let’s Not Jump to Conclusions About PPC Power Plants Tenders
Referring to the liberalisation of the electricity market via subsidiaries in the sector of supply, greek energy minister noted that this plan ‘is not mature yet’

  • Kastraki HPP owned by PPC
    © Vartan Narinian, Panoramio

We should not jump to conclusions, recommended Energy and Environment Minister George Stathakis to those that take for granted the failure of PPC lignite and hydroelectric generation auctions, in an interview with Athens Macedonian News Agency on Sunday. He clarified that the evaluation of the mechanism will be held in June by the Regulatory Authority for Energy and in the meantime there is no other discussion on the table, ERT International reported.

In February Greek media reported that a proposal had been presented to the Greek government by its international creditors for opening up the electricity market provides for the sale of 40 percent of Public Power Corporation’s lignite and hydroelectric plants. According to Ekathimerini it would happen on a tight schedule that sees a consultant being hired by August 2017 and completion of the process by July 2018.

Referring to the liberalisation of the electricity market via subsidiaries in the sector of supply, Stathakis noted that this plan ‘is not mature yet’.

He also presented the energy strategy for the islands with focus on the development and interconnection of the renewable energy sources.

TAGS: Greece | PPC | sale | privatisation | creditors | electricity | iberalisation | hydro | lignite | power plants | George Stathakis 

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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
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