Public Power Corporation (PPC)’s plans to reduce lignite production

The plans to reduce the Public Power Corporation (PPC)’s lignite production include the sale of the Florida power station, a lignite unit and a licence for a new one and possibly the Amyntaio power station, even though it has some damages and needs investments for the environmental reasons.

According to a PPC official, the package to be sold is almost complete; the Europeans are looking for the greater success on this project and there have been no official conclusions.

Manolis Panagiotakis, the CEO and the chairmain of PPC, said that there is no reason to be unwilling to sell these units to China, Japan or the USA, since European companies are not willing to invest in lignite units.

 

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