Last checked at 14 Sep 2020 07:00
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Private Power and Infrastructure Board Meeting
Oracle Power PLC (AIM:ORCP) is pleased to advise that, further to the announcements of 28 August 2020 and 8 September 2020, the Company, along with its Consortium partners, China National Coal Development Company Ltd. and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum (together, the ' Consortium'), formally presented the Thar Block VI project implementation plan to the Private Power and Infrastructure Board ('PPIB') on Friday 11 September 2020.
As previously advised, the Consortium's presentation to the PPIB formed part of its LOI application and is considered by the Board of Oracle as one of the final steps in the award of the LOI. Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate.
*ENDS*
For further information:
Oracle Power PLC Naheed Memon | +44 (0) 203 580 4314 |
Brandon Hill Capital Limited (Joint Broker) Oliver Stansfield | +44 (0) 203 463 5000 |
Shard Capital (Joint Broker) Damon Heath Isabella Pierre
St Brides Partners Limited (Financial PR) Susie Geliher Catherine Leftley | +44 (0) 20 7186 9952
+44 (0) 20 7236 1177 |