Deadline for binding offers for stake in power grid operator extended by one week

12 October 2016
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A deadline for submission of binding offers for a 24-percent stake in Greece’s state-controlled Independent Power Transmission Operator (IPTO or ADMIE) S.A. was postponed for one week, according to an announcement on Wednesday by the Public Power Corp.

The previous deadline was Thursday, Oct. 13.

Three candidates are still in the bidding after a pre-selection process: Italy-based Terna, the State Grid Corp. of China and French RTE.

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