OPG Power Ventures Plc reported operating results for the full year ended 31 March 2023. Total generation in FY23 was 1.5 billion units (FY22: 1.8 billion units). The reduction in generation was primarily due to high coal prices and the Company's strategy to focus on profitable operations, resulting in revenues, EBITDA and PAT in line with FY23 market expectations.

Plant Load Factor ("PLF") was 42.1% in FY23, compared to 51.5% in FY22. Average tariff for FY23 was INR 8.71 (FY22: INR 5.82) per kwh.