Video: OPG Power - Financial & Operational Update

Friday, Sep 06 2019 by

Short update video with CFO Dmitri Tsvetkov:

https://www.fmp-tv.co.uk/2019/...

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OPG Power Ventures Plc is primarily engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the Company's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short-term market. The Company has approximately 750 megawatts (MW) in operations in Gujarat and Tamil Nadu. It also has 62 MW of solar projects across over four sites in Karnataka. The Company's plants in operation and commissioning include 77 MW Chennai I, 77 MW Chennai II, 80 MW Chennai III, 180 MW Chennai IV, 300 MW Gujarat, 25.4 MW Mayavaram and 10 MW Waste heat Chennai. The Company focuses to develop 300 MW of renewable projects. The business objective of the Company is to focus on the power generation business within India and thereby provide power to the industrial consumers and other users under the open access provisions mandated by the Government of India. more »

LSE Price
15.4p
Change
3.4%
Mkt Cap (£m)
59.7
P/E (fwd)
4.2
Yield (fwd)
n/a



  Is LON:OPG fundamentally strong or weak? Find out More »


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