PPC Group: Start of construction of a high efficiency cogeneration plant for D. Macedonia

Construction of the High Performance Cogeneration and Heat Unit (STHYA) by the Group begins, with the aim of ensuring the coverage of district heating needs in . The project, which is planned to be installed within the plot of the former KARDIAS AIS, is an entirely investment by PPC Group, about 80m euros and is expected to be in operation by the end of 2026. The SATHYA unit is part of the commitments undertaken by the PPC Group, co-signing the Memorandum of Understanding and Strategic Cooperation (MoU) with the Coordinating Committee of Fair Development Transition Plan, the Region of D. Macedonia, and the Municipalities of Kozani, Eordaia, Amyntaou, as well as the National Gas System Operator S.A. The construction of the plant begins as the other parties completed the operations required. CORVERSE This demanding project, with the particular technical characteristics designed by the PPC Group, in collaboration with the parties involved in the Memorandum, ensures the seamless supply of heat to the interconnected district heating system of D. Macedonia, taking into account future expansions of the system, as identified by Municipal Heating Enterprises. At the same time, the project was designed to ensure the lower cost of generating heat from any alternative technology or investment, contributing substantially to the viability of Municipal Heating Enterprises. CORVERSE Thermal power supply for D. Macedonia and efficient energy and interconnection management Construction of the project of the STHYA Unit is part of a wider plan to build new thermal energy sources which are planned to develop at the former KARDIA AIS and Ptolemaida AIS 5. The implementation of the SATHYA project provides for the installation of 17 internal combustion engines with natural gas, which can also be operated with a mixture of natural gas and hydrogen without affecting their efficiency. The plant will fully meet the requirements for its designation as “completely co-productive” under the relevant legislation ensuring an energy savings rate of more than 10%, as well as an overall efficiency rate of more than 75%.