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OPG Power Ventures, an Indian power plant developer and operator, has raised £65m ahead of its Aim float on 30 May. The company will have a market capitalisation of around £172 million. OPG operates one power plant in Tamil Nadu with a further four due to commence production by 2010.
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India remains one of the world's fastest growing economies and faces increasing deficits between energy supply and demand, so OPG is one to watch.
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-IC-1.5.4a-prod - 31/10/2008 13:11:34 - carlos.princz
