OPG Power Ventures : Result of Extraordinary General Meeting

OPG Power Ventures Plc

('OPG' or 'the Company')

Result of Extraordinary General Meeting

OPG Power Ventures PLC, the developer and operator of power plants in India, announces thatits Extraordinary General Meeting of Shareholders was conducted today.

The resolution to authorise payment of a scrip dividend was proposed to the meeting and duly passed.

The timetable for the key dates is set out below:

01/02/2017	Deadline for scrip election
16/02/2017	Dividend pay date, CREST PAY instruction and despatch of scrip documents

For further information, please visitwww.opgpower.comor contact:

OPG Power Ventures PLC Arvind Gupta / V Narayan Swami	[phone]
OPG - Investor Relations Ajay Paliwal / Pooja Maru	[phone]
Cenkos Securities (Nominated Adviser & Broker) Stephen Keys / Camilla Hume	[phone]
Macquarie Capital (Europe) Limited (Joint Broker) Raj Khatri / Nick Stamp	[phone]
Tavistock (Financial PR) Simon Hudson / James Collins	[phone]

OPG operates and develops power generation related assets in India and at 30th September 2016 had 750 MW of assets with a further 186 MW under development or in pipeline. In the six months ended 30th September 2016, according to its unaudited results for the period, the Company generated revenues of £118 million, EBITDA of £41 million, profit before tax of £18 million and earnings per share of 4.80 pence.

-ends-