Company
LON:OPG
OPG operates and develops power generation assets in India and currently has 414 MW in operation principally under the group captive model and 62MW of Solar assets. OPG has been listed on the AIM market of the London Stock Exchange since May 2008 and since listing in 2008, the Company has grown from 20 MW of generating capacity to 476 MW, consistently delivering strong results as well as growth. In our view India provides exciting and dynamic opportunities in our sector given its low and rising per capita consumption of electricity as well as India’s overall economic growth estimates. With its track record of engineering, operations and financial management, OPG is well positioned to play a part in this growing sector.
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The India focused generator is heading into a crucial phase of its development.
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A mixed news bag from the small caps on Thursday....
The two new stations are the 180 Mw Chennai IV project and the 300 Mw Gujarat project.
The share price movement in the past year has done little to reflect the progress made to date by OPG Power Ventures (LON:OPG).
OPG is making significant progress - but what now for the company as output passes 600 megawatts?
MC Gupta, chairman, said: "The team at OPG have achieved much over the last five years and have delivered compound earnings growth of over 40% per annum over the last three years. “OPG is now set to achieve a new dimension as we start to ge
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We're a bit light on scheduled reports from multi-national leviathans this week, but some well-known national names - such as Dixons, Halfords and Bellway - are expected to report.
