28th Feb 2019 12:14
LONDON (Alliance News) - OPG Power Ventures PLC shares rose Thursday as the company reported "another strong" operational performance from its plant in Chennai, India.
Shares were up 6.5% on Thursday at a price of 22.00 pence each.
For the nine months to December, the plant produced 2.15 billion units, 4.5% higher on the prior year.
The plant load factor was 79%, OPG said, while the average tariff also rose.
Executive Chair Arvind Gupta said: "We are pleased to report another strong operational performance by Chennai plant for the first nine months of financial 2019, and we expect to meet market profit expectations for our full 2019 results."
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