Main power utility PPC has provided a second deposit, worth 198 million euros, for construction of Ptolemaida V, the corporation’s prospective lignite-fired power station in Ptolemaida, northern Greece. The project’s launch is scheduled for early 2020.
The station, planned to have a capacity of 660 MW as well as 140 MW for telethermal output, has a budget of roughly 1.4 billion euros.
The consortium that was awarded the project through a deal signed in March, 2013 is headed by Greek construction company Terna and includes Hitachi Power, Hitachi Ltd, and Hamon Environmental GmbH as partners.
The project will create jobs in the wider region, while its construction will involve as many as 3,000 persons, PPC noted in a statement, adding that a team of more than 250 will be hired to operate the facility.