OPG Power Ventures PLC

Receive alerts
Market Cap:
£57.22 m
52 weeks high
52 weeks low

Viewing results 1-25 of 117


OPG Power Ventures reveals strong financial performance

"The outlook for the Indian economy in general and the power sector in particular continues to be buoyant,” said Arvind Gupta, executive chairman. ...

2 weeks, 3 days ago

OPG Power to push on again as coal price pressure eases

OPG owns a 414Mw capacity coal-fired power station at Chennai, Tamil Nadu...

3 weeks, 3 days ago

OPG Power shares up as it hedges price of 60% of coal requirement

Imported coal is one of the main raw materials for the Chennai power plant ...

on 21/5/19

OPG Power keeps profits in line as coal prices soften

New hedging contracts provide "greater visibility" on future financial performance...

on 29/4/19

OPG Power Ventures on course to meet full-year expectations

"We are pleased to report another strong operational performance by Chennai plant for the first nine months of FY19 and we expect to meet market profit expectations for our full FY19 results," said Arvind Gupta, the executive chairman of OPG ...

on 11/3/19

OPG Power expects a boost as coal price dips

Total production in the nine months to December rose 4.5%, with the plant running at 79% capacity...

on 28/2/19

OPG Power Ventures boasts “strong operational performance”

"We are pleased to have continued with our strong operational performance and maximised volumes from our Chennai plant,” said Arvind Gupta, OPG chairman...

on 27/11/18

OPG Power shifts focus to Chennai and solar

Efforts in future will be directed toward the Chennai power plant and OPG’s growing solar capacity...

on 12/10/18

OPG Power draws line under Gujarat power station, to focus on Chennai and solar

The news at Chennai is more encouraging as the price of seaborne coal has fallen back...

on 24/9/18

OPG Power Ventures sees record production in 2018 as tariffs improve for 2019

The India-focused power plant developer reported that total generation for the 2018 financial year was up 10% at 4.8bn units compared to 2017...

on 5/6/18

OPG Power Ventures highlights significant rise in power generation in third quarter

"We continue to pursue our strategy of asset maximisation and delivering responsible growth. In the last quarter we have established a new record for our operational performance," said Arvind Gupta...

on 13/3/18

OPG Power Ventures hails strong operational performance

In the six months to September 31, total generation rose to 2.39bn ...

on 13/12/17

OPG Power Ventures appoints new CFO and deputy chairman

Dmitri Tsvetkov will replace V. Narayan Swami as chief financial officer, while Jeremy Warner Allen will take over from Martin Gatto as non-executive deputy chairman...

on 8/11/17

OPG Power expects year of realignment after coal price spike

Electricity generated from its two sites in the provinces of Gujarat and Tamil Nadu rose by 30% to 4.4bn units as new capacity came fully on stream....

on 29/9/17

OPG Power's 2017 earnings in line with forecasts, 2018 to be impacted by higher coal prices

In the three months to June 30, total generation was 1.25bn units, up 27%...

on 30/8/17

Solar concerns overplayed at OPG Power Ventures suggests broker

The broker has left its estimates unchanged as it expects coal prices, the main cost for OPG, to remain flat in dollar terms....

on 29/6/17

OPG Power Ventures back on an even keel

"We see this statement as evidence that the company has overcome the one-off events in Q3," said Cantor Fitzgerald...

on 31/5/17

OPG Power Ventures subsidiary share capital change should accelerate delayed payments from Gujarat State Distribution Companies

It is understood the changes are technical, and while they should have a short-term “marginally” positive effect on reported earnings per share due to minority interest accounting, longer-term, the impact on EPS will be neutral....

on 5/4/17

OPG Power Ventures performance in line with expectations

The India-focused generator recently paid a maiden dividend. ...

on 28/2/17

Case for OPG Power not dented by one-off events says Cantor

OPG’s Chennai plant will see load factors normalise from February. ...

on 26/1/17

OPG Power Ventures pays maiden dividend

Turnover was £117.7mln for the six months ended September, while EBITDA is up 81% to £42.1mln....

on 6/12/16

OPG Power Ventures powering up in India

During its last fiscal year, OPG generated a record 3.2 billion units of electricity....

on 25/11/16

Boardroom reshuffle at OPG Power

Non-executive chairman Munish Gupta will retire from the board after the next shareholder meeting in October...

on 9/9/16