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OPG Power Ventures Secures Potential 160MW Power Supply Deal in Tamil Nadu

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OPG Power Ventures Secures Potential 160MW Power Supply Deal in Tamil Nadu

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An update from OPG Power Ventures ( (GB:OPG) ) is now available.

OPG Power Ventures plc has received a letter of award from Tamil Nadu Power Distribution Corporation Limited for a potential power purchase agreement to supply 160MW of electricity over five years. The agreement is pending regulatory approval and is expected to commence in February 2026, marking a significant step in OPG’s operational expansion.

The most recent analyst rating on (GB:OPG) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on OPG Power Ventures stock, see the GB:OPG Stock Forecast page.

Spark’s Take on GB:OPG Stock

According to Spark, TipRanks’ AI Analyst, GB:OPG is a Neutral.

OPG Power Ventures’ overall stock score is primarily influenced by its mixed financial performance, characterized by strong cash flow generation but declining revenue and profitability. Technical analysis indicates a neutral trend, with the stock trading below key moving averages. The valuation is moderate, with a P/E ratio suggesting fair pricing but no dividend yield to attract income investors.

To see Spark’s full report on GB:OPG stock, click here.

More about OPG Power Ventures

OPG Power Ventures plc is a developer and operator of power generation assets based in India. The company focuses on electricity procurement through short, medium, and long-term agreements.

Average Trading Volume: 915,768

Technical Sentiment Signal: Strong Sell

Current Market Cap: £23.64M

For detailed information about OPG stock, go to TipRanks’ Stock Analysis page.

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