PPC NOME starting price high court hearing postponed until March

A legal case filed by the main power utility PPC to the Council of State, Greece’s Supreme Administrative Court, challenging the starting price set for NOME auctions, has been postponed until March 27, 2018 after being scheduled to be heard on December 5.

NOME auctions were introduced in Greece a little over a year ago to offer independent suppliers access to the utility’s low-cost lignite and hydropower sources.

State-controlled PPC has not only persisted with its legal action, despite the government’s condemnation of the utility board for its decision to take the case to the Supreme Court, but also added further details to the case’s dossier.