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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
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Renewables & cleantech

OPG Power Ventures sees reduced demand in the face of coronavirus shutdowns

Demand has dropped as customers are shutting down their own operations

OPG Power Ventures PLC (LON:OPG) said demand for power from the group has dropped following the closure of all commercial and industrial operations in India from March 25.

Accordingly, OPG expects minimal load over the coming weeks.

"Our paramount concern is the health and safety of our employees and the communities in which we operate,” OPG executive chairman Arvind Gupta said in a statement.

“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 government of India to protect the country and its citizens from this pandemic," he added.

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