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Pin to quick picksOpg Power Share News (OPG)

Share Price Information for Opg Power (OPG)

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Share Price: 10.625
Bid: 10.50
Ask: 10.75
Change: 0.00 (0.00%)
Spread: 0.25 (2.381%)
Open: 0.00
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Low: 0.00
Prev. Close: 10.625
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OPG faces hit from Indian power reforms

Tue, 23rd Oct 2012 09:17

OPG Power, the developer and operator of power stations in India, was off after reporting that national economic reforms in the country could have an impact on it.The government of India has announced debt restructuring assistance to State Electricity Boards (SEB), subject to them undertaking reforms on tariff and transmission losses.OPG said that many SEBs, including Tamil Nadu, had accepted the government's plans, meaning a further rise in regulated tariffs in the Tamil Nadu region was possible sometime during the remainder of the current financial year and more likely in the following year. "However as the timing and quantum of such increases cannot be reliably determined at present, the company has not adopted any further potential increases in tariff in its own estimates," OPG said. The firm also noted government reforms to improve domestic coal availability over a period of time. "The company expects limited short term impact of this upon its operations due to its coastal locations and greater fuel flexibility," OPG said."However, the removal of 5% import and counter-veiling duties on coal has had a positive effect on landed coal cost."Shares were down 1% by 09:00 on Tuesday.MM
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11 Mar 2019 11:36

OPG Power Ventures confirmed restart of Chennai unit

(Sharecast News) - OPG Power Ventures updated the market on its Chennai plant on Monday, having previously confirmed that the 180 MW 'unit IV' was shut down while turbine repairs were undertaken.

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11 Mar 2019 09:54

OPG Power Ventures Restarts Operations At Chennai Unit IV

LONDON (Alliance News) - OPG Power Ventures PLC on Monday said it restarted operations at Unit IV of the Chennai plant in India after repairs were completed.OPG shares were trading up 9.6%

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28 Feb 2019 12:14

OPG Power Ventures Confident As Chennai Power Plant Does Well

LONDON (Alliance News) - OPG Power Ventures PLC shares rose Thursday as the company reported "another strong" operational performance from its plant in Chennai, India.Shares were

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28 Feb 2019 09:43

OPG Power production gets a boost from improved performance at Chennai plant

(Sharecast News) - Power plant operator OPG Power Ventures witnessed a 4.5% production increase in the first nine months of its trading year, predominately driven by an improved performance from its 414-megawatt plant in Chennai.

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27 Nov 2018 10:38

OPG Power Interim Profit Rises On Higher Industrial Client Demand

LONDON (Alliance News) - OPG Power Ventures PLC on Tuesday reported a jump in profit in the first half of its current financial year, thanks to the rise in electricity price and higher generation

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27 Nov 2018 10:32

OPG Power's revenue and profit climb on cheaper coal

(Sharecast News) - OPG Power Ventures' interim revenue climbed on Tuesday after a "strong operational performance" saw an increase in the company's power generation.

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3 Oct 2018 17:15

DIRECTOR DEALINGS SUMMARY: OPG Power Deputy Chairman Buys Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.----------OPG Power Ventures Non-Executive Deputy Chairman Jeremy Allen in

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3 Oct 2018 16:25

DIRECTOR DEALINGS: OPG Power Ventures Deputy Chairman Buys Shares

LONDON (Alliance News) - OPG Power Ventures PLC said Non-Executive Deputy Chairman Jeremy Allen purchased shares worth GBP83,891 in the power plants development firm in two separate a transaction

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24 Sep 2018 10:48

WINNERS & LOSERS SUMMARY: Thomas Cook Slumps After Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Sky,

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24 Sep 2018 09:41

OPG Power Venture Shares Plummet By Quarter As Swings To Annual Loss

LONDON (Alliance News) - OPG Power Ventures PLC on Monday said it swung to a loss in its most recent financial year, as a result of higher coal prices and large provision related to its exit from

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30 May 2018 12:22

OPG Power Ventures Non-Executive Director Ravi Gupta Steps Down

LONDON (Alliance News) - OPG Power Ventures PLC said Wednesday that Non-Executive Director Ravi Gupta stepped down from the board with effect from Tuesday.Gupta served on the board for 10

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9 Sep 2016 08:01

OPG Power Ventures Chairman To Leave; London 2012 Tsar To Join Board

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1 Aug 2016 12:14

OPG Power revenue and earnings ahead as chairman steps down

(ShareCast News) - Developer and operator of power generation assets in India, OPG Power Ventures, announced its preliminary results for the year ended 31 March on Monday. The AIM-traded firm said there was 80 MW of new capacity commissioned in the year, bringing the total operating capacity to 750

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1 Aug 2016 08:59

OPG Power Chairman To Retire After Committing To Maiden Dividend

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25 Jul 2016 15:11

UK Earnings, Trading Statements Calendar - Next 7 Days

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