fast growing Indian company operates and develops power plants in India..Cheap at 70p after floating at 60p on 30th May.

Mark Slater has been buying OPG shares..

"..The stock he has been buying more of recently is OPG Power Ventures, a £225 million market cap company that is primarily focused on running power plants in India. The company made a profit of £21.65 million in the year to the end of March 2015, on a turnover of just less than £100 million.

Slater commented, ‘this is a stock that has been hit because of negativity towards emerging markets and coal, but we don’t think it is justified. It is a company that is delivering on expectations, it is doing what it should be doing.’

(What Investment magazine today)


full article link

OPG among winners in two tenders for solar power projects:

http://economictimes.indiatimes.com/industry/energy/power/low-radiation-pushes-up-tariffs-in-jharkhand-solar-project-auction/articleshow/51458916.cms


".. The biggest winner of the auction conducted by the Jharkhand government was ReNew Solar Power, which was awarded rights to set up 522 MW of projects. Other major winners were Suzlon Energy (175 MW), SunEdison Solar Power (150 MW), OPG Power Generation (124 MW), ACME Solar Holding (75 MW) and Adani Green Power (50 MW)... "

also;

http://indiapowertrading.info/indian-developers-score-big-1-2-gw-karnataka-solar-power-tender/


Indian developers score big in 1.2 GW Karnataka solar power tender
Posted on March 8, 2016


Hero Future Energies, part of the Hero Group, won 180 MW capacity at the lowest bid of Rs 4.69/kWh. The company secured projects with tariffs of up to 4.86/kWh. When compared to the latest data complied by the Ministry of New and Renewable Energy, this tariff is the second-lowest tariff every quoted in India. In January this year, a subsidiary of Finland-based Fortum won 70 MW solar power project in Rajasthan through a tender launched by NTPC. The company quoted record-low tariff of Rs 4.34/kWh.

ReNew Power Ventures also secured 180 MW under the Karnataka solar power tender with bids between Rs 4.76/kWh and Rs 5.05/kWh. Some of the other major project developers that won projects under the tender include Essel Green (65 MW), OPG Power (62 MW), and Mytrah Energy (45 MW). The highest successful bid placed under the tender was Rs 5.81/kWh.

Anyone still left in here ?

Announced dividend policy with full year results and look cheap as chips to me.

still in but India and coal fired generation will keep this depressed I feel.

Bought some @ 26p a few days ago. Looks promising medium to long term.