Public Power Corporation

PPC signs RES deal with RDP

EDP Renewables, a subsidiary of Portugal's power utility EDP, is the second partner with which Greece's Public Power Corporation (PPC) will seek to cooperate in the field of renewable energy sources for the implementation of the country's ambitious plan to install RES capacity of 1 gigawatt per annum by 2024.

PPC expects rebound in 2020 core profit, report says

Greece's Public Power Corporation (PPC) expects a rebound in core profit to 850 million-900 million euros next year, a Greek newspaper reported on Monday, citing a 2020-2024 business plan approved by the utility's board last week. 

Its earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 216 million euros last year from 828 million a year earlier. 

PPC workers to protest closing of lignite-powered plants

Workers at the state-run Public Power Corporation will be staging a rally on Monday in Kozani, northern Greece, to protest the government's plans to shut down all of the country's lignite-powered plants starting next year.

The rally against the "sudden death" of PPC, according to unionists, will start at 5 p.m. at the main square of the town of Ptolemaida.