Share Name Share Symbol Market Type Share ISIN Share Description
Ksk Power Ventur Plc LSE:KSK London Ordinary Share IM00B1G29327 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.25p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 469.5 -76.3 -29.2 - 4

Commissioning of VS Lignite Power Plant

31/03/2010 9:36am

UK Regulatory (RNS & others)



 

TIDMKSK 
 
RNS Number : 4973J 
KSK Power Ventur PLC 
31 March 2010 
 

31 March 2010 
                              KSK Power Ventur plc 
                            ("KSK" or "the Company") 
 
                    Commissioning of VS Lignite Power Plant 
 
Further to the announcement earlier today, KSK Power Ventur plc (KSK.L), the 
power project company listed on the Main Market of the London Stock Exchange, 
with interests in multiple power plants across India, is pleased to announce 
that its subsidiary, KSK Energy Ventures Limited ("KSKEV"), the equity shares of 
which are listed and traded on the National Stock Exchange of India Limited 
("NSE") and the Bombay Stock Exchange Limited ("BSE"), has today announced the 
successful commissioning of it 135 MW VS Lignite Power Plant. The full text of 
the announcement issued by KSKEV to the NSE and the BSE is set out below: 
 
 
"VS Lignite Power Plant - Commencement of Power Generation 
 
KSK Energy Ventures Limited ("KSKEV") announces the commencement of power 
generation from their 135 MW lignite fired project in Rajasthan. The project 
undertaken through the special purpose vehicle, VS Lignite Power Private Limited 
("VSLP"), is a group captive power plant and will primarily cater to the power 
requirements of premier industrial consumers in the state of Rajasthan through 
long term Power Delivery Agreements. All the interim surplus and stabilization 
phase supplies shall be made available to the local Rajasthan utility, through 
whose grid system, the power plant would ultimately deliver power to the various 
contracted industrial consumers under open access arrangements. 
 
The project is based on lignite supplies from Gurha East captive lignite block, 
located in the Bikaner District. The captive lignite block was awarded in July 
2005 and has entered into operations. Spread over an area of approx 1200 
hectares, the mine land has been fully acquired. The lignite is planned to meet 
the entire lignite requirement of 1 mtpa which is required for generation of 135 
MW power at VSLP. 
 
KSKEV has been able to start testing the power plant parameters based on the 
lignite supplies from Gurha East mine, its own fuel source. 
 
With this addition, the installed generation capacity of KSK will increase from 
144 MW to 279 MW" 
 
Commenting on the commissioning of the plant, Mr. T. L. Sankar, Chairman of KSK, 
said: 
 
"The VS Lignite was a challenging project and we are delighted about the 
achievement and power generation having commenced. We are looking forward to 
releasing further details on our other sites and operations in due course." 
 
For further information please contact: 
 
KSK Power Ventur plc                                                       +91 
40 2355 9922 
Mr. S. Kishore, Executive Director 
Mr. K. A. Sastry, Executive Director 
 
Arden Partners plc 
+44 (0)20 7614 5900 
Richard Day / Adrian Trimmings 
 
Financial Dynamics 
+44(0)20 7269 7157 
Jonathan Brill / Billy Clegg / Ed Westropp 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCEAPDFDDSEEEF 
 

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