ORCP Oracle Power Plc

REACH Announcement

10 October 2024

Oracle Power PLC

("Oracle" or the "Company")

Attendance at 4th Global Energy Week 2024

Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce that its CEO, Naheed Memon, will be attending the 4th Global Energy Week 2024 at the House of Lords in London on 14-15 October 2024. This prestigious event will gather key decision-makers, government officials and industry leaders from across the globe to discuss and shape the future of the clean energy sector, including The Rt Hon Lord Philip Hunt of Kings Heath OBE, the UK Minister of State at the Department of Energy Security and Net Zero.

Oracle remains committed to advancing its Green Hydrogen and Renewable Power project in Pakistan through potential collaborations and partnerships with prospective investors. The Company has acquired 7,000 acres in the wind corridor in southern Pakistan, with a letter of intent in place from the Government with respect to the potential production of 1.2 GW of hybrid power. The Company has, to date, successfully completed geotechnical, environmental and technical feasibility studies.

Naheed Memon, CEO of Oracle Power, commented: "I look forward to attending the 4th Global Energy Week 2024, an event that brings together key players in the energy industry at a time when the world is undergoing a significant energy transition towards net zero. Oracle is committed to being at the forefront of green energy innovation, and this forum will provide an invaluable opportunity to discuss the industrial potential of green hydrogen."

Further details on the event can be found at https://www.in-vr.co/global-energy-week.

-ENDS-

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Notes to Editors: 

Oracle Power PLC (AIM: ORCP) is a global project development company dedicated to maximising returns through strategic development and international collaborations. Its diverse portfolio includes pioneering energy and resource projects such as a Green Hydrogen and Renewable Power initiative in Pakistan, as well as the Northern Zone Gold Project and Blue Rock Valley Copper and Silver Project in Australia.