3 May 2013
OPG Power Ventures plc
("OPG" or the "Company")
80MW Chennai III being tested - on track to commission in June 2013
The Company is pleased to announce that the development of its 80 MW Chennai III plant is nearing completion. The unit is in final testing phase, with the turbine and boiler subsystems and balance of plant operations and integration underway. Commissioning trials have commenced and the plant is expected to be fully operational as scheduled in June 2013.
About OPG
OPG is operating and developing power projects in India under the group captive model with 190 MW in operations and a further 552 MW under development. In the six months ended 30 September 2012, the Group's revenues were £17.8m and profit before tax was £2.5m.
For further information, please visit www.opgpower.com or contact:
OPG Power Ventures PLC |
+91 (0) 44 429 11 211 |
Arvind Gupta |
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V Narayan Swami Ajay Paliwal |
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Cenkos Securities (Nominated Adviser & Broker) |
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Stephen Keys / Camilla Hume |
+44 (0) 20 7397 8900 |
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Tavistock Communications |
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Simon Hudson/Kelsey Traynor |
+44 (0) 20 7920 3150 |
