Statement re: Media Reports

RNS Number : 7509W
OPG Power Ventures plc
20 August 2020
 

20 August 2020

 

OPG Power Ventures plc

("OPG" or the "Company")

 

Statement Re Media Reports on Sale of 414 MW Plant in Chennai

 

The Company notes recent unconfirmed and unsubstantiated reports in the media concerning a possible sale of OPG's 414 MW plant in Chennai for c. £102 million - £122 million (Rs10 billion - Rs12 billion). There is no basis for these reports and the Board confirms that the Company has no intention to sell the plant.

 

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

 

OPG Power Ventures PLC

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov



Cenkos Securities plc (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Russell Cook / Cameron MacRitchie



Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward

 

-ends-


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