Projects Update (8415E)
June 07 2012 - 2:00AM
UK Regulatory
TIDMOPG
RNS Number : 8415E
OPG Power Ventures plc
07 June 2012
OPG Power Ventures plc
("OPG" or the "Company")
Construction nearing completion at 77 MW Chennai II project
Equipment deliveries underway at 300 MW Gujarat project
The Company is pleased to provide the following update on two of
its projects.
77 MW Chennai II
Construction activities at the 77 MW Chennai II plant are now
nearing completion with commissioning trials set to commence from
15 June 2012. In order for the trials to proceed facilities such as
the coal conveyor and chimney stack, shared with 77 MW Chennai I
plant, need to be connected. To facilitate this, the Company has
brought forward its annual two week maintenance programme on
Chennai 1. Based on a successful trial period, the Company expects
Chennai II to start generating commercial revenues from September
2012.
300 MW Gujarat
Construction has progressed at the project site and boiler
foundations for the first 150 MW module are complete with those for
the accompanying 150 MW module also nearing completion. Significant
amounts of equipment have already been delivered to site and
assembly will commence shortly. Accordingly, the project remains on
track for completion in 2013.
Recent photographs of developments at both of the above projects
have been placed on the Company's website at www.opgpower.com.
The Company's other projects also remain on track.
Annual Results - year ended 31 March 2012
The Company expects to issue its annual results on 2 July
2012.
For further information, please visit www.opgpower.com or
contact:
+91 (0) 44 429
OPG Power Ventures plc 11 222
Arvind Gupta (Managing Director)
V. Narayan Swami (Finance Director)
Cenkos Securities (Nominated Adviser +44 (0) 20 7397
& Broker) 8900
Stephen Keys/ Camilla Hume
+44 (0) 20 7920
Tavistock Communications 3150
Simon Hudson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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