OPG Power Ventures first-quarter output up 32%

11th Aug 2015 10:06

(ShareCast News) - Energy provider OPG Power Ventures said overall power generation was up 32% in the first quarter as it announced that its new generating plant is on track to be operational at the end of September.Total power generation was 628m kilowatts as the first unit at OPG's Gujarat plant came on line.The company said it has experienced further changes during the period with the commencement of operations at 330 MW of newly installed capacity effectively doubling the size of its operations."With our newly constructed assets continuing to ramp up, the overall trading outlook for the rest of the year remains in line with market expectations and we look to the future with confidence," said OPG.At 1021 BST, OPG shares were up 0.5% at 99p.