OPG Power Ventures ( (GB:OPG) ) has shared an announcement.
OPG Power Ventures plc has released a trading update for the fiscal year ending March 31, 2025, reporting a stable plant load factor and expected EBITDA in line with market expectations. The company is actively reducing its debt, having repaid significant amounts during FY25, and is exploring new investment opportunities in collaboration with state governments in India. The Indian power sector presents a substantial investment opportunity due to the country’s economic growth and increasing power demand, supported by government policies and initiatives to enhance the sector’s financial health. OPG is also ensuring fuel security by contracting coal supplies from Indonesia and is cooperating with an ongoing investigation into regulatory compliance.
More about OPG Power Ventures
OPG Power Ventures plc is a company operating in the power generation industry, focusing on the production and supply of electricity. The company primarily operates in India, where it leverages the growing demand for power driven by economic growth, urbanization, and increased electrification. OPG is involved in various energy projects, including thermal, wind, hydro, and nuclear power sources, and is actively seeking investment opportunities within the Indian energy sector.
YTD Price Performance: -25.20%
Average Trading Volume: 223,324
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £18.43M
For a thorough assessment of OPG stock, go to TipRanks’ Stock Analysis page.