Embattled Greece is seeking to sell its coal fired power assets as the debt crisis continues unabated, but is facing opposition from unions.
Public Power Corp. SA owns four major coal power plants in Greece, the largest of which is a 330 MW unit near the city of Florina. Together these four power plants provide around half of all the electricity for the country, making PPC the single largest employer in Greece.
The Florina plant is proving particularly controversial with the government keen to sell it to foreign competitors in order to generate assets.
However, PPC’s union has vowed to save the plant, threatening a blackout in order to stop the deal.
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