Cyprus Power Company, J&P Avax in Talks on Vasilikos Repairs

Jan. 19 (Bloomberg) -- The Electricity Authority of Cyprus and J&P-Avax SA, a Greek construction company, are in talks about repairs to a unit of the Vasilikos power plant, Costas Gavrielides, an EAC spokesman, said in a phone interview today.

State-owned EAC wants an improved offer from J&P-Avax, Politis reported today, without citing anyone.

To contact the reporter on this story: Stelios Orphanides in Nicosia at

sorphanides@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net