COMPANY REGISTERED OFFICE
PUBLIC POWER CORPORATION S.A.
30 CHALKOKONDYLI St.
104 32 ATHENS
Τel.Center: 210 5230301-10
Areas of activity development throughout Greece
PPC TODAYThe Public Power Corporation was established in 1950 with the aim to map out and implement a national energy policy, which through the intense exploitation of domestic resources would make electrical power the property and right of all Greek citizens.
Since 01.01.2001, PPC operates as an S.A. company, listed on the Athens and London Stock Exchanges on 12.12.2001.
Today, PPC S.A. is the largest power generation company in Greece and the country's sole power supply company, providing electricity to approximately 7.4 million customers. PPC is also the sole company with a fully owned power transmission system in Greece.
PPC owns 93% of the installed power capacity in Greece, generated by lignite, fuel oil, hydroelectric and natural gas power plants, as well as by aeolic and solar energy parks. At the same time, PPC owns the country's two large lignite mines in Ptolemais and Megalopolis, generating approximately 56% of the required power supply (2nd largest lignite power generator in the EU). During 2007 a total of 63.4 lignite million tons were mined.
Today, PPC fully covers the country's rapidly increasing power needs (from 88 Kwh per capita in 1950, it reached 5,163 KWh in 2007).
The deregulation of the energy market of Greece (February 2001) saw the granting of power generation licenses to other companies and private bodies. Thus, responsibility for power transmission was taken over by an independent company which was set up for that purpose, HTSO SA (Hellenic Transmission System Operator SA). Similarly, the overall control of the Greek Power System (Power Generation, Transmission, Distribution) has now been taken up by RAE (Regulatory Authority for Energy).
PPC is the largest business in Greece in terms of assets. In 2007 the Company recorded revenues amounting to 5.15 million Euros and pre-tax profits amounting to 276 million Euros.Total electrical power is generated by the 98 PPC power plants, is transmitted via 11,750 km high voltage lines and distributed to consumers via a 214,000 km-long network.
99.7 % of the Greek electricity market
249 offices for network services and 154 sales stores throughout the country