Tag: TPP

Marubeni will seek 5 million euros from HEP as compensation for TPP Plomin C project – Croatia, 21 February 2017

Japanese company Marubeni, the would-be investor in the project for the construction of coal-fired thermal power plant Plomin C worth about one billion euros, is planning to sue the state-owned power utility HEP. According to the proposed agreement, HEP would be obliged to purchase the majority of electricity produced at the plant at agreed prices, […]

Creditors pressure the Government to sell 40 % of PPC’s power plants – Greece, 20 February 2017

The country’s international creditors have presented to the Greek Government a proposal for opening up the electricity market which includes the sale of 40 % of lignite-fired thermal power plants and hydropower plants operated by the Public Power Corporation (PPC). The proposal also envisages hiring the consultant for the sale in August 2017, while the […]

EPCG to invest 12 million euros in Pljevlja project in 2017 – Montenegro, 19 February 2017

According to its procurement plan for 2017, Montenegrin power utility EPCG should invest 12 million euros in the project for the construction of second unit at thermal power plant Pljevlja in this year, although the selected contractor Skoda Praha has not yet secured the financing for this, 324.5 million euros worth, project. If everything goes […]