OPG Power Ventures reports steady operational performance
27th May 2025 15:29
(Sharecast News) - OPG Power Ventures reported steady operational performance for the year ended 31 March, with total generation reaching 2.323 billion units and a plant load factor (PLF) of 69%, broadly unchanged from the prior year.
Read moreOPG Power to end year as expected, CFO steps down
21st Mar 2025 10:24
(Sharecast News) - OPG Power Ventures said in a trading update on Friday that it expects EBITDA for the year ending 31 March to be in line with market expectations, supported by continued stable operational performance and a strong deleveraging effort.
Read moreOPG being investigated for alleged regulatory non-compliance
15th Nov 2024 13:40
(Sharecast News) - OPG Power Ventures said on Friday that it was the subject of an investigation into alleged regulatory non-compliance under the Foreign Exchange Management Act (FEMA).
Read moreDirector dealings: Gupta family makes OPG sale-and-purchase, Kerry director sells awards
11th Mar 2022 16:26
(Sharecast News) - OPG Power Ventures was at the top of the list of buyers on Friday, after it disclosed a £0.6m sale-and-purchase made by the Gupta family, of which its chairman Arvind Gupta is a member.
Read moreOPG Power Ventures delivers solid FY cash generation, significantly reduces net debt
22nd Jun 2021 09:35
(Sharecast News) - Indian power plant operator OPG Power Ventures said on Tuesday that it had delivered "very strong cash generation" and achieved "a significant reduction in debt" during the year ended 31 March despite disruptions caused by the Covid-19 pandemic.
Read moreOPG collects £9.5m in contractual claims payments
25th Nov 2020 12:38
(Sharecast News) - OPG Power Ventures said on Wednesday that it has collected contractual claims payments from its customers under power purchase agreements, totalling £9.5m.
Read moreOPG Power Ventures surges as average tariffs rise in 2020
22nd May 2020 09:16
(Sharecast News) - Shares in power plant developer OPG Power Ventures surged on Friday morning after the group revealed average tariffs had risen 4.8% year-on-year.
Read moreOPG Power Ventures reports 'strong' operational performance
11th Feb 2020 11:57
(Sharecast News) - OPG Power Ventures updated the market on the first nine months of its 2020 financial year on Tuesday, reporting total generation of 2.09 billion units, down slightly from 2.15 billion units for the first nine months of 2019.
Read moreOPG secures further hedge against coal price movements
21st May 2019 14:55
(Sharecast News) - OPG Power Ventures announced on Tuesday that it has secured a further hedge against the volatility of coal price movements, and has entered into a fixed-price coal purchase agreement for one million tonnes, representing around 60% of its annual coal requirements.
Read moreOPG Power cuts into loans balance following tariff increases
29th Apr 2019 08:59
(Sharecast News) - Indian power plant developer and operator OPG Power Ventures expects full-year profits to be in line with market expectations for the twelve months ended 31 March.
Read moreOPG Power Ventures confirmed restart of Chennai unit
11th Mar 2019 11:36
(Sharecast News) - OPG Power Ventures updated the market on its Chennai plant on Monday, having previously confirmed that the 180 MW 'unit IV' was shut down while turbine repairs were undertaken.
Read moreOPG Power production gets a boost from improved performance at Chennai plant
28th Feb 2019 09:43
(Sharecast News) - Power plant operator OPG Power Ventures witnessed a 4.5% production increase in the first nine months of its trading year, predominately driven by an improved performance from its 414-megawatt plant in Chennai.
Read moreOPG Power's revenue and profit climb on cheaper coal
27th Nov 2018 10:32
(Sharecast News) - OPG Power Ventures' interim revenue climbed on Tuesday after a "strong operational performance" saw an increase in the company's power generation.
Read moreOPG Power revenue and earnings ahead as chairman steps down
1st Aug 2016 12:14
(ShareCast News) - Developer and operator of power generation assets in India, OPG Power Ventures, announced its preliminary results for the year ended 31 March on Monday. The AIM-traded firm said there was 80 MW of new capacity commissioned in the year, bringing the total operating capacity to 750
Read moreOPG Power site in Gujarat fully operational
1st Feb 2016 09:36
(ShareCast News) - OPG Power was celebrating on Monday, with the news that the second half of its Gujarat power plant had begun operations over the weekend. The AIM-traded company confirmed, in an update to the market, that the second 150 MW unit at the site in western India had started operating on
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