TIDMOPG

RNS Number : 7509W

OPG Power Ventures plc

20 August 2020

20 August 2020

OPG Power Ventures plc

("OPG" or the "Company")

Statement Re Media Reports on Sale of 414 MW Plant in Chennai

The Company notes recent unconfirmed and unsubstantiated reports in the media concerning a possible sale of OPG's 414 MW plant in Chennai for c. GBP102 million - GBP122 million (Rs10 billion - Rs12 billion). There is no basis for these reports and the Board confirms that the Company has no intention to sell the plant.

For further information, please visit www.opgpower.com or contact:

 
                                             +91 (0) 44 429 
   OPG Power Ventures PLC                     11211 
 Arvind Gupta / Dmitri Tsvetkov 
 
 Cenkos Securities plc (Nominated Adviser    +44 (0) 20 7397 
  & Broker)                                   8900 
 Russell Cook / Cameron MacRitchie 
 
                                             +44 (0) 20 7920 
 Tavistock (Financial PR)                     3150 
 Simon Hudson / Barney Hayward

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August 20, 2020 11:01 ET (15:01 GMT)

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