Power utility PPC has reached an agreement for a 10-year power purchase agreement (PPA) with cement producer Titan, now the second industrial consumer to establish a bilateral energy supply contract with the utility, following metal processing company Viohalco.

PPC’s agreement with Titan, already activated, shares the same structure as the utility’s preceding deal with Viohalco.

As a first stage, the cement producer’s energy requirements will be covered by electricity generated at PPC power plants, both lignite-fired and and hydropower. A third-party supplier, energy firm Heron, will supply PPC’s energy output to Titan.

At a latter date, this PPA will develop into an entirely green-energy deal with all required electricity generated by PPC’s solar parks.

Heron’s involvement in the power utility’s PPA with Titan is expected to further increase the energy firm’s share of the high-voltage market.  It recently rose sharply to 11.25 percent following Heron’s involvement in PPC’s PPA with Viohalco.