Greece expects one-month extension in coal-fired plants tender

Elvalhalcor Hellenic Copper and Aluminium Industry SA

27/09/2018 13:35

ATHENS, Sept 27 (Reuters) - Greece expects that the European
Commission will give it one more month until November to name a
winner in the sale of coal-fired plants, its energy minister
said on Thursday.
    Greek utility Public Power Corp. (PPC)  DEHr.AT , which is
51 percent state-owned, is selling three coal-fired plants and
one still to be built after a European court ruled it had abused
its dominant position in the coal market. 
    The utility has shortlisted all six investors interested in
the plants  urn:newsml:reuters.com:*:nA8N1QN008 and had to receive binding bids and name
a preferred bidder by mid-October. 
    Energy Minister George Stathakis told reporters on Thursday
that investors have asked for a one-month extension to submit
their bids and said he expects the EU Commission which oversees
the tender will approve their request.
    "Reasoning is very strong, so we will get one more month,"
Stathakis said.
    The interested parties are: A consortium of Beijing Guohua
Power Company and Damco Energy; GEK TERNA; ElvalHalcor;
Energeticky a Prumyslovy Holding; Indoverse Coal Investments;
Mytilineos.

 (Reporting by Angeliki Koutantou; Editing by Elaine Hardcastle)
 ((angeliki.koutantou@thomsonreuters.com; +30 210 3376436;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))