REG - OPG Power Ventures - Power Purchase Agreement

OPG Power VenturesAnnouncement

05/12/2025 13:00

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RNS Number : 4985K  OPG Power Ventures plc  05 December 2025

THIS ANNOUNCEMENT WAS DEEMED BY THE COMPANY TO CONTAIN INSIDE INFORMATION AS
STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS
PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
WITH THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED
TO BE IN THE PUBLIC DOMAIN.

 

5 December 2025

 

OPG Power Ventures Plc

("OPG", the "Group" or the "Company")

 

Power Purchase Agreement

Further to the announcement on 12 November 2025, OPG (AIM: OPG), the developer
and operator of power generation assets in India, is pleased to announce that
its subsidiary, OPG Power Generation Pvt Ltd ("OPGPG"), has today received
approval by the regulator, the Tamil Nadu Electricity Regulatory Commission
("TNERC") and executed a power purchase agreement ("PPA") with Tamil Nadu
Power Distribution Corporation Limited ("TNPDCL") for the supply of 160 MW of
electricity to TNPDCL at a tariff of Rs 5.558 per kWh for a contracted term of
5 years. Accordingly, this agreement has now been fully executed and
electricity supply is expected to commence from February 2026.

 

 

For further information, please visit www.opgpower.com or contact:

 

 OPG Power Ventures PLC                                              Via Tavistock below
 A P Singh

 Cavendish Capital Markets Limited (Nominated Adviser & Broker)      +44 (0) 20 7220 0500
 Stephen Keys/Katy Birkin/Isaac Hooper

                                                                     +44 (0) 20 7920 3150

 Tavistock (Financial PR)
 Simon Hudson / Nick Elwes

 

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