Two European, one Chinese companies compete for Greek TSO ADMIE

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Another Chinese firm that took part in the tender is said to have been eliminated for not meeting the requirements

Two European companies and one from China have entered the race for a 24 percent stake in the Independent Power Transmission Operator that is up for privatization, while another Chinese firm that took part in the tender is said to have been eliminated for not meeting the requirements, Ekathimerini reported.

The suitors that have been shortlisted ahead of an October 31 deadline for binding bids include Italy’s Terna, whose interest was taken for granted after its entry in the first tender for a 66 percent stake in ADMIE, and the recent contacts its officials had in Athens. There is also France’s RTE – the Electricite de France subsidiary that was not in the first tender but has been very active in the last few days – and Chinese giant State Grid Corporation of China .

source: publics.bg