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PPC opposes NOME initial bids policy

17 November 16 - RE+D Magazine
PPC opposes NOME initial bids policy

COMPANIES

PEOPLE

Public Power Corporation (PPC) recoursed to the Council of State against the starting price of so called NOME auctions of lignite and hydro generation power, saying that the average price of the auctioned energy was clearly below its generation cost and close to the starting price and as a result the company suffers a loss.

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