ECONOMY

PPC has June 21 deadline for sale of coal units

ppc-has-june-21-deadline-for-sale-of-coal-units

Public Power Corporation (PPC) on Thursday invited investors to submit expressions of interest for the sale of coal-fired units by June 21.

Greece and its lenders have agreed that PPC will divest about 40 percent of its coal-fired capacity to help to open up the sector after a European Union court ruled that PPC abused its dominance in the coal market.

[Reuters]