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PPC Considers Bids For New Unit


Greek Public Power Corporation considers bids for the construction of the new lignite-powered plant in Ptomelaida. According to market sources, a joint venture of TERNA-Hitachi has submitted the lowest bid. 

After nine consecutive postponements, the competition began in late June when two consortia submitted bids: TERNA-Hitachi and Alstom - METKA-DAMCO Energy.

The new unit, based on specification of the tender expected to have the most modern equipment and technology to replace old, polluting and costly units. The project’s budget is €1.3 billion.

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