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Pin to quick picksOracle Power Regulatory News (ORCP)

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Private Power and Infrastructure Board Meeting

14 Sep 2020 07:00

RNS Number : 8221Y
Oracle Power PLC
14 September 2020
 

 

 

 

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

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Private Policy.
 
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