80MW Chennai III Update

RNS Number : 9236D

OPG Power Ventures plc

03 May 2013

 



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	[phone]
Arvind Gupta
V Narayan Swami Ajay Paliwal
Cenkos Securities (Nominated Adviser & Broker)
Stephen Keys / Camilla Hume	[phone]
Tavistock Communications
Simon Hudson/Kelsey Traynor	[phone]

 

END

 

 

MSCUURNROKAVRAR