OPG Power Ventures plc Re-start of operations of Chennai Unit IV (180 MW) (3800S)

TIDMOPG

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:

 
                                         [phone] 
   OPG Power Ventures PLC                     11211 
 Arvind Gupta / Dmitri Tsvetkov 
 
 Cenkos Securities (Nominated Adviser    [phone] 
  & Broker)                                    8900 
 Stephen Keys 
 
                                         [phone] 
 Tavistock (Financial PR)                      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 [e-mail] or visit www.rns.com.

END

MSCGGURPWUPBUBU

(END) Dow Jones Newswires

March 11, 2019 03:00 ET (07:00 GMT)