Greece’s state-run Public Power Corp. (PPC), the dominant electricity provider in the country, is set to sign a MoU with China Development Bank (CDB) on the sidelines of the annual Thessaloniki International Fair (TIF) next month.
Both sides, in fact, will take part in an energy-related conference at the trade fair in the northern Greece port city on Sept. 9, entitled “Opportunities in Southeastern Europe – Trends and challenges in the energy sector,” an event that Greek Prime Minister Alexis Tsipras is scheduled to attend.
PPC president and managing director Manolis Panayiotakis and CDB’s mission chief for Greece, Jinning Wang, will sign the Memorandum for the respective sides.
The development follows this week’s announcement of a MoC signed by PPC’s renewable energy subsidiary with the China-based SUMEC group.
Representatives for Chinese side stressed that the company aims to turn Greece into its base for the wider region.
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Source: naftemporiki.gr
