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Metka wins PPC’s power plant contract July 25, 2007

Posted by grhomeboy in Business & Economy, Energy.
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The Public Power Corporation (PPC) awarded Greek construction company Metka a contract to build a power plant after an appeal by a competing bidder was rejected, PPC said yesterday.

Metka was named preferred bidder for the contract earlier this year and offered to build a 427-megawatt natural gas-powered plant on the island of Evia for 219 million euros. The project in the town of Aliveri is due to be completed within 27 months, PPC said in a statement.

Metka, a subsidiary of Greek metals and engineering Group Mytilineos, beat out a rival bid by Damco Energy. Metka has said it planned to use new technology provided by France’s Alstom to build the generator, the largest natural gas-powered plant in Greece in terms of power.

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