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The Public Power Corporation S.A. (Greek: Δημόσια Επιχείρηση Ηλεκτρισμού, ΔΕΗ) is the biggest electric power company in Greece. It is controlled by the Greek government, which owns a majority of the issued shares(51,12%).
PPC was founded by the Greek government in 1950. Its main purpose was to plan and apply a national energy policy which, through the exploitation of the domestic products and resources, would distribute cheap electric power to all Greek citizens. PPC started the integration of all the small local grids to the national interconnected grid. Furthermore, the corporation resolved the purchase of all the small private and local electric power production units.
Today, PPC Group consists of 4 subsidiary companies PPC or DEI S.A., the Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE) S.A., IPTO or ADMIE S.A. and PPC RENEWABLES S.A