REG - OPG Power Ventures - Statement re: Media Reports
RNS Number : 7509WOPG Power Ventures plc20 August 202020 August 2020
OPG Power Ventures plc
("OPG" or the "Company")
Statement Re Media Reports on Sale of 414 MW Plant in Chennai
The Company notes recent unconfirmed and unsubstantiated reports in the media concerning a possible sale of OPG's 414 MW plant in Chennai for c. £102 million - £122 million (Rs10 billion - Rs12 billion). There is no basis for these reports and the Board confirms that the Company has no intention to sell the plant.
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 plc (Nominated Adviser & Broker)
+44 (0) 20 7397 8900
Russell Cook / Cameron MacRitchie
Tavistock (Financial PR)
+44 (0) 20 7920 3150
Simon Hudson / Barney Hayward
-ends-
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