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:
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OPG Power Ventures PLC
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+91 (0) 44 429 11211
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Arvind Gupta / Dmitri Tsvetkov
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Cenkos Securities (Nominated Adviser & Broker)
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+44 (0) 20 7397 8900
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Stephen Keys
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Tavistock (Financial PR)
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+44 (0) 20 7920 3150
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Simon Hudson / Barney Hayward
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