** Shares of Stardust Power SDST.O up 10% at 55 cents premarket
** Company partners with Oklahoma Gas and Electric Company (OG&E) to develop an electric substation on SDST's site of proposed lithium refinery in Oklahoma
** Cost of engineering, procurement, and construction of the substation will be paid for by a long-term usage commitment by SDST at the facility
** Adds, the site currently can provide construction power, but the new substation will provide operating power for the facility
** OG&E will support power load requirements up to 40 Megawatts
** As of last close, company's shares down 86% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
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