Czech interest in PPC plant tender

Surprise entries by two Czech companies and four Greek enterprises - one of them in cooperation with a Chinese group - make up the list of candidate buyers who have expressed a non-binding interest in the lignite-powered units of Public Power Corporation in Florina and Megalopoli.

The list confirmed on Thursday by PPC includes bids from the consortium of Beijing Guohua Power Company Ltd with Damco Energy; from GEK Terna; from ElvalHalco; from Energeticky, a Prumyslovy Holding (EPH); from Indoverse (Czech) Coal Investments Ltd; and from the Mytilineos group.

The Chinese firm that has joined the tender in cooperation with Damco Energy of the Copelouzos group has emerged from the merger of the lignite units of the Shenhua Group with those of the China Guodian Group.

The surprise came from the two Czech firms, EPH and Indoverse, which are active in the energy sector...