Finalized PPC sale list next week, energy minister promises

The content of main power utility PPC’s bailout-required sale package of lignite units, expected to represent 40 percent of the utility’s lignite capacity, will be finalized next week, Greek energy minister Giorgos Stathakis noted last night at the 2nd EU-Arab World Summit in Athens.

The Greek government faces no other choice but to have agreed on a finalized PPC sale list by next week if a market test measuring investor interest is to be staged within the current month, as is scheduled.

Meanwhile, taking it a step further, other government sources contend the sale list’s content has already been finalized, adding that an announcement for the market test’s starting date is all that remains.

Sources told energypress that the PPC sale package will include the Meliti unit, a construction permit for development of a second Meliti unit, as well as Megalopoli III and IV.

In comments yesterday, Maros Sefcovic, the European Commission’s vice president for Energy Union, expressed confidence that an agreement between the Greek government and the European Commission’s Directorate-General for Competition on the PPC sale list is near. Constructive talks are in progress, Sefcovic noted.