Public Power Corporation of Greece

By Chryssa Liaggou

The trial of 19 executives from two energy companies that are accused of defrauding the state is due to resume on February 5 after the suspects proposed on their first day in court Friday to return 103 million euros.

Greece's dominant power utility PPC won approval from the energy regulator to produce electricity at two wind parks it plans to build in northern Greece, it said on Wednesday.

The production license opens the way for the construction of the 106-megawatt-capacity parks in Rodopi, a project which is estimated to cost 127.2 million euros ($161.47 million).

By Chryssa Liaggou

Soaring debts from unpaid electricity bills are not only threatening the Public Power Corporation but also the country’s entire electricity market.

By Chryssa Liaggou

Public Power Corporation (PPC) is heading for a financial blackout as unpaid electricity bills are growing at an annual rate of 30 percent, having reached 1.7 billion euros at the end of July from 1.3 billion euros last year.

The Public Power Corporation (PPC) on Monday announced the creation of a committee to investigate the circumstances surrounding the death of a 42-year-old worker who was electrocuted at the power board’s Megalopolis plant on Sunday afternoon.

A Public Power Corporation (PPC) worker suffered broken arms and legs while working at a lignite mine area in Ptolemaida, northern Greece, on Monday.

The man, whose age was not given, was on an eight-month contract at PPC. He had been trying to empty the truck he was driving when the ground gave way.

He was hurt trying to get free of his vehicle.

Public Power Corporation has approved a 180-million-euro investment for wind projects in northern Greece and a tender for a smaller facility in Crete.

This enables Greece’s energy regulator to start evaluating applications for power-generation licenses for 150 megawatts of capacity in Rodopi, PPC said in a statement.

The Public Power Corporation (PPC) launched an administrative inquiry on Thursday into why electricity supplied to the home on Crete of a quadriplegic customer on life support was cut, resulting in the woman’s death about an hour later.

A 56-year-old quadriplegic woman on life support died on Wednesday, allegedly because Greece's public utility cut the power off due to her unpaid bills.