Browsing Tag

Public Power Corporation (PPC)

PPC cuts discounts for consistent customers

Public Power Corporation is reducing its electricity bill discount for consistent customers as of April, as well as the prepayment discount, due to its increasing financial woes.

PPC to raise electricity bills

The Public Power Corporation (PPC) intends to raise electricity bills because "it cannot afford to absorb burdens any more," its chairman and CEOI Manolis Panagiotakis said on Wednesday.

PPC shows improved 9-month operating profits

Domestic electricity demand decreased by 2.1 pct in 9Μ2018, reaching 43,115 GWh compared to 44,026 GWh in 9Μ2017. However, total electricity demand (including pumping and exports increased slightly by 0.4% in 9M2018, due to increased…

PPC to issue 400-500 million euros bond loan in Q1, 2019

The Public Power Corporation (PPC) plans to issue a bond loan worth 400-500 million euros in the first quarter of 2019, a PPC management source told reporters on Tuesday, following a decision by Standard & Poor's to upgrade PPC's credit…

PPC signs 255-million-euro credit line with EIB

Public Power Corporation (PPC) on Friday announced that European Investment Bank (EIB) has approved a new credit line worth 255 million euros to finance PPC's investment programme in the period 2017-2020, which aims to modernise and…