Orient Green Power Company Limited — Important, 02-12-2024: Updates

The Board of Directors of Orient Green Power Company Limited has approved an expansion of the solar capacity for its 19.8 MW AC (29 MW DC) Solar Power Project in Tamil Nadu to 25.00 MW AC (35.00 MW DC) through its subsidiary, Delta Renewable Energy Private Limited. Additionally, the EPC contractor has changed from Solon India Private Limited to Natrinai Ventures Limited. The Rights Issue Committee has been empowered to finalize the terms and conditions for the EPC contractor's appointment, which may include alterations regarding capacity, location within Tamil Nadu, and technology. This strategic move signals an increased commitment to renewable energy, presenting potential growth opportunities for the company's solar initiatives. Investors should watch closely as these developments unfold.