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Orient Green Power cancels equity sales deed with Singapore firm

 Orient Green Power Company Limited has said that an Memorandum of Understanding (MoU) signed with Sindicatum Captive Energy Singapore Pte Limited, to divest entire stake held in Orient Green Power (Maharashtra) Private Limited (OGPML) for a sale of 20 MW co-generation power project in Kolhapur, Maharashtra, stands cancelled. The company, in a regulatory filing said that while the plans were to sell 100 per cent equity shares held by OGPML to the Singapore-based company, Padmashri Dr D Y Patil Sahakari Sakhar Karkhana Ltd (society) exercised its option of first right to purchase the shares of OGPML as per the terms of Build, Own, Operate and Transfer (BOOT) agreement signed with them. Earlier, the company said that it has been supplying electricity and steam to the Society against delivery by the Society of bagasse, fresh water, land on lease and sugar cane and the company had obligation to transfer the facility to the Society after 13 years from the date of commencement of commercial .
10-05-2017
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Updates

 Pursuant to the provisions of Regulation 30 (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in connection with the intimation to the Stock Exchanges dated November 06, 2015 and January 24 2017, We would like to bring to your notice that 'The Company had earlier signed a Share Purchase Agreement with M/s. Sindicatum Captive Energy Singapore Pte Limited towards sale of 100% equity shares held in M/s. Orient Green Power...
10-05-2017

Merger of Orient Green Power and IL&FS; wind power businesses hits tax hurdle

 Merger of the wind power businesses of Orient Green Power and IL&FS may come unstuck over payment on LTCG tax on share sale where STT hasn't been paid
08-05-2017
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Closure of Trading Window

 Pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, we wish to inform you that the trading window of the Company, under code of conduct for the prevention of Insider Trading, will remain closed from Monday, 8th May, 2017 to Friday, 19th May, 2017 for the purpose of declaration of Un-audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2017.
03-05-2017
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Board Of Directors Of The Company Will Be Held On Wednesday, The 17Th Day Of May, 2017

 Pursuant to Regulation 29(1) (a) of the (Listing Obligations and Disclosure) Requirements, 2015, we would like to inform you that the meeting of the Board of Directors of the Company will be held on Wednesday, the 17th day of May, 2017, to inter alia, consider and to take on record the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2017.
03-05-2017
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Updates

 Regulation 33(3)(b)(i) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Publication of Results
25-04-2017
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Compliance Certificate Pursuant To Regulation 7 (3) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended 31St March, 2017.

 We herewith enclose the report pursuant to Regulation 7 (3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year ended 31st March, 2017 for your records.
25-04-2017
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Submission Of Compliance Certificate Under Regulation 40 (9 & 10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 We enclose Compliance Certificate in terms of Regulation 40 (9 & 10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the period from 1st January, 2017 to 31st March, 2017 dated 18th April, 2017 received from M/s. R. Sridharan & Associates, Company Secretaries.
25-04-2017
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Shareholding for the Period Ended March 31, 2017

 Orient Green Power Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2017. For more details, kindly Click here
21-04-2017

Orient Green (OGPL) extends exclusivity period with IL&FS

 Orien Green (OGPL) - which had announced on 19 January a 90 day period for exclusive discussions with IL&FS; Wind Energy to evaluate a potential merger of their Wind Energy Generation businesses - today said that the company has extended the exclusivity period as talks with IL&FS; continue. The resulting merged entity, if the companies sign on, wiould have 1.2 GW of operating wind capacity, and would be the largest listed renewable energy company in India. OGPL had said that it was in the process of demerging its Wind and Biomass entities into two separate companies, OGPL (Wind) and Bio-bijlee Green Power Limited (Biomass) respectively. OGPL's share price has been trending lower since a six-month high on Feb 6.
13-04-2017
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