OPG Power Ventures (LON:OPG) - Long-term story intact
Jul 04th 2012 - Edison Investment Research today published a report on OPG Power Ventures (OPG.L, LSE:OPG, LON:OPG) entitled "Long-term Story Intact". In summary, the report says:
OPG’s FY12 results do not give a true picture of the growth potential of the group, which is expecting to increase capacity from 112MW now to 742MW by CY14. On top of this, tariff rates are rising in Tamil Nadu, the second Chennai plant is due this quarter and Chennai IV in Q213. OPG is also less affected by domestic coal supply constraints than peers, given its coastal location and ability to blend imported coal.
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