Re-start of operations of Chennai Unit IV (180 MW)

RNS Number : 3800S

OPG Power Ventures plc

11 March 2019

 

11 March 2019

OPG Power Ventures plc

("OPG", the "Group" or the "Company")

Re-start of operations of Chennai Unit IV (180 MW)

As previously reported, Unit IV (180 MW) of OPG's Chennai plant was shut down whilst turbine repairs were undertaken. OPG is pleased to report that the repair works, which were performed under the supervision of the turbine manufacturer, have been completed and Unit IV re-started operations on 5 March 2019.

Arvind Gupta, Executive Chairman, commented:

"Despite the temporary interruption of operations at Unit IV, we expect to meet market profit expectations for our final results for the year to 31 March 2019 and we are confident of maintaining strong operational performance in FY20."

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

OPG Power Ventures PLC	[phone]
Arvind Gupta / Dmitri Tsvetkov
Cenkos Securities (Nominated Adviser & Broker)	[phone]
Stephen Keys
Tavistock (Financial PR)	[phone]
Simon Hudson / Barney Hayward

 

END

 

 

MSCGGURPWUPBUBU