OPG POWER VENTURES PLC

Legal Proceedings Report • Aug 20, 2020

National Storage Mechanism | Additional information

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. £102 million - £122 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:

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

-ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

STREBLFLBVLBBBB