Power utility PPC to sign MoU with CMEC for construction of lignite unit
- Written by E.Tsiliopoulos
Power utility PPC will sign on Wednesday a memorandum of cooperation with China Machinery Engineering Corporation (CMEC) at the company’s offices in Athens, which will be attended by Energy Minister Panos Skourletis.
The memorandum concerns the building of the second lignite-fired unit at its Meliti station near Florina and will foresee the creation of a joint company with the participation of PPC, CMEC and the owners of the lignite mines from which the Meliti project will be fuelled.
The investment for the construction of the unit is estimated at 700 million euros and investments in nearby lignite pits will raise the total investment to more than one billion euros.
Tagged under
