PPC unveils areas of cooperation with Shenhua Group

Public Power Corporation on Friday said a cooperation agreement with the Chinese group Shenhua will focus on selling lignite production units, renewable energy sources and research.

In an announcement, PPC said the cooperation agreement, signed last Sunday with the Chinese group has a long-term horizon.

PPC said the two companies are discussing cooperation in establishing communication between the two group’s research centers, Shenhua Group’s participation in PPC Solar Solutions (set up between PPC and Kopelouzos Group in 2012) and Shenhua Group’s participation in international tenders to sell PPC’s lignite production units.