Public Power Corp (PPCD) - RAE's decision for LARCO S.A. tariff RNS Number : 5417P Public Power Corporation S.A. 25 October 2012 ANNOUNCEMENT RAE's decision for LARCO S.A. tariff Concerning the Decision 822/2012 issued by the Regulatory Authority for Energy (RAE), which defines a temporary price of 50 €/MWh for the total amount of energy consumed by LARCO S.A., PPC notes that what has been stated in a previous announcement dated 22.5.2012 with respect to a relevant decision issued for ALUMINIUM S.A. also applies to this specific decision. It is obvious that this Decision has a negative impact on PPC, by obliging the Company to sell below cost, and thus, PPC intends to take all necessary legal actions for appealing against the said Decision of RAE in front of any Authority, National or European. Athens, October 25, 2012 This information is provided by RNS The company news service from the London Stock Exchange END STRFEIFFIFESEES -0- Oct/25/2012 11:28 GMT
Public Power Corp PPCD RAE's decision for LARCO S.A. tariff
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