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    Home > Chemicals Industry > International Chemical > Greece seeks EU extension to complete coal plant sale Beijing Guohua shortlisted

    Greece seeks EU extension to complete coal plant sale Beijing Guohua shortlisted

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    Greece's energy minister recently said it hoped the European Commission would grace a month to ensure it could find a suitable buyer
    for the sale of its coal-fired power plants by November.

    Greek utility Public Power Corporation (PPC), a 51 percent government-owned state-owned enterprise, is selling three coal-fired power plants and one soon-to-be-built after the European Court of Justice ruled it abused its dominant position in the coal market
    .

    The utility has shortlisted all six investors interested in these plants and must receive binding bids and name priority bidders
    by mid-October.

    Energy Minister George Stathakis told reporters on Thursday that investors had asked for a one-month delay in submitting bids and said he hoped the European Commission, which oversees the tender, would approve their request
    .

    The six bidders are a consortium formed by Beijing Guohua Power Company and Greek local energy company Damco Energy, GEK TERNA, a Greek subsidiary of Italian Terna energy company, Greek aluminum producer Elval Halcor, Czech energy group Energeticky a Prumyslovy Holding, Czech Republic Indoverse Coal Investment and Greek metals and energy group Mytilineos

    Greece's energy minister recently said it hoped the European Commission would grace a month to ensure it could find a suitable buyer
    for the sale of its coal-fired power plants by November.

    Coal power plants

    Greek utility Public Power Corporation (PPC), a 51 percent government-owned state-owned enterprise, is selling three coal-fired power plants and one soon-to-be-built after the European Court of Justice ruled it abused its dominant position in the coal market
    .

    The utility has shortlisted all six investors interested in these plants and must receive binding bids and name priority bidders
    by mid-October.

    Energy Minister George Stathakis told reporters on Thursday that investors had asked for a one-month delay in submitting bids and said he hoped the European Commission, which oversees the tender, would approve their request
    .

    The six bidders are a consortium formed by Beijing Guohua Power Company and Greek local energy company Damco Energy, GEK TERNA, a Greek subsidiary of Italian Terna energy company, Greek aluminum producer Elval Halcor, Czech energy group Energeticky a Prumyslovy Holding, Czech Republic Indoverse Coal Investment and Greek metals and energy group Mytilineos

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