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PPC and Metka sign Aliveri power plant contract October 18, 2007

Posted by grhomeboy in Energy.
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Electricity utility Public Power Corporation (PPC) signed a deal with construction company Metka to build a power plant as part of plans to modernize its operations, PPC said yesterday.

Metka, which was named preferred bidder for the project earlier this year, will build a 427-megawatt natural gas-powered plant on the Greek island of Evia for 219.2 million euros. “Our investment plan foresees… new generation units that will be more effective and friendlier to the environment,” PPC’s CEO Takis Athanassopoulos said in a statement.

The project, in the town of Aliveri, is due to be completed within 27 months and will be the largest natural-gas-powered plant in Greece, while the generator will be built with technology provided by France’s Alstom.

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