Annual Financial Report

RNS Number : 3710L

OPG Power Ventures plc

30 September 2016

 

30 September 2016

OPG Power Ventures Plc

Posting of Annual Report

OPG Power Ventures Plc ("OPG", the "Group" or the "Company"), (AIM: OPG), the developer and operator of power generation plants in India, announces that its Annual Report for the year ended 31 March 2016 is now available to view on the Company's website at www.opgpower.com and is being posted to shareholders later today. 

For further information on the Company, please visit www.opgpower.com or contact:

OPG Power Ventures PLC Arvind Gupta / V Narayan Swami	[phone]
Investor Relations Ajay Paliwal/Pooja Maru	[phone]
Cenkos Securities (Nominated Adviser & Broker) Stephen Keys / Camilla Hume	[phone]
Macquarie Capital (Europe) Limited (Joint Broker) Raj Khatri / Nick Stamp	[phone]
Tavistock (Financial PR) Simon Hudson / James Collins	[phone]

About OPG

OPG operates and develops power generation related assets in India, principally under the group captive model, and currently has 750 MW of assets in operation with 62 MW solar under development.   In the year ended 31^st March 2016, according to its preliminary results, the Company generated revenues of approximately £128 million, Profit before tax of £28.6 million and earnings per share of 5.90 pence.

 

END

 

 

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