OPG Power Ventures - COVID-19 Update
("OPG" or the "Company")
COVID-19 has resulted in an unprecedented situation in
Accordingly, OPG's industrial and commercial customers are faced with the closure of their operations. The Company has already experienced reduced demand for power in the last few days and almost negligible load is expected for the coming weeks. The situation is still fluid and uncertain and it is difficult to accurately quantify the impact at this point.
We believe this disruption is temporary in nature and with a strong portfolio of customers from diverse industries we expect the business to revive once the coronavirus situation improves.
Indian Prime Minister
Further updates will be made as the situation becomes clearer.
"Our paramount concern is the health and safety of our employees and the communities in which we operate. Where possible, staff are working from home and we are taking every precaution to ensure the safety of those employees who are responsible for plant operations on the ground. We fully support the steps taken by the
For further information, please visit www.opgpower.com or contact:
+91 (0) 44 429 11211
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Cenkos Securities (Nominated Adviser & Broker)
+44 (0) 20 7397 8900
Russell Cook /
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Tavistock (Financial PR)
+44 (0) 20 7920 3150
This information is provided by RNS, the news service of the
Quick facts: OPG Power Ventures PLC
Market Cap: £40.07 m
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