Oracle Power tidies up ownership of coal mining lease in Pakistan
"The move to 100% ownership of SCEL is a material development for Oracle"
Company
Oracle Power PLC
LON:ORCP
Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The company is focussed on delivering reliable power in high growth markets and unlocking the value of highly accretive natural resource assets in prospective regions.
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FTSE 100 ambles to another high
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Oracle Power raises over £770K through share placement and warrant exercise
Oracle Power is moving towards financial close on a memorandum of understanding with two major Chinese state-owned companies
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Oracle Power sees the finish line at Thar
The coal mine and mine mouth power station developer expects 2018 will be a game changer as its Pakistan project takes shape
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Oracle Power signs MoU with China state-owned firms to advance Pakistan coal assets
“This development is a transformational step for Oracle," said chief executive Shahrukh Khan
FTSE 100 closes slightly higher as European stocks end in positive territory despite German political uncertainty
The FTSE 100 managed to turn away from earlier losses to edge slightly higher at the close
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Oracle Power submits power plant proposal to regulator in Pakistan
The company extended its thanks to the Pakistani Authorities who have continued to support its efforts in bringing this sizeable project to financial close.
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Oracle Power marks ‘important milestone’ as Chinese tie-up in Pakistan advances
"I am delighted that we have reached this important milestone in the development of our project,” said Shahrukh Khan, Oracle chief executive
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FTSE 100 ends slightly in red as traders jumpy ahead of tomorrow's BoE decision
At around 3.55pm, the UK blue chip index was up 5 points to 7,498
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Oracle Power agrees in principle MOU with two Chinese State-owned firms for full development, funding of flagship Thar project
The AIM-listed energy developer of a combined lignite coal mine and mine mouth power plant said the MOU will see the Chinese parties take a significant majority equity holding in return for arranging debt finance and providing Engineering,
Imaginatik lifted by contract win with US investment management company
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FTSE 100 steadily extends gains
There has been no news flow from FTSE 100 companies to speak of today