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

11 Mar 2019 07:00

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

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov

Cenkos Securities (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Stephen Keys

Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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.
 
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