OPG Power Ventures Secures TNERC Approval: 160 MW Supply Deal Strengthens India Operations

Inside the announcement  
According to London Stock Exchange filings and Investing.com, the agreement establishes a tariff of ₹5.558 per kWh over the contracted term. Electricity supply is expected to commence in February 2026. The approval marks a significant milestone for OPG, reinforcing its position as a key private power producer in India. The company highlighted that the deal provides revenue visibility and strengthens its long-term relationship with Tamil Nadu’s power sector.  

Notable updates  
• TNERC approval granted for OPG subsidiary’s power purchase agreement  
• Agreement covers supply of 160 MW to Tamil Nadu Power Distribution Corporation Limited  
• Tariff fixed at ₹5.558 per kWh for five years  
• Electricity supply scheduled to begin February 2026  
• Provides predictable revenue stream and enhances OPG’s operational footprint in India  

Major takeaway  
The TNERC approval underscores OPG Power Ventures’ growing role in India’s energy sector. With a long-term supply contract secured, the company is positioned to deliver stable returns while supporting Tamil Nadu’s electricity needs.  

Sources: London Stock Exchange Regulatory News, Investing.com