KIEV, June 9 - A Greek company will soon go ahead to build a EUR 1.1 billion power plant in Ukraine after singing an agreement with local authorities, Greek Deputy Foreign Affairs Minister Evripidis Stylianidis said.

International Energetic and Technical Company, a Greece-based investor, plans to invest the money to build four power units in the Odessa region. It has already signed the agreement with the government, Stylianidis said.