KSK Power
Ventur plc is an Isle of Man incorporated entity and London Stock Exchange listed Power plant Developer with extensive business operations in India. The Group is well positioned
with long-term fuel access to its various
power plants and its power projects
are spread across various phases of-
in operation, under construction and
under planning.
KSK Group is founded by two finance professionals Mr. S. Kishore and Mr. K. A. Sastry, who had a decade of prior financial and utility consulting experience before starting effort in developing power projects in India since 1998. After few small initial projects, they have setup KSK Energy Ventures, India in February 2001 to exploit emerging opportunities in the Indian power sector and have since focused to their strategy on the private sector power development market, undertaking entire gamut of development, investment, construction, operation and maintenance of power plants with supplies initially to heavy industrials operating in India and now branching out to cater to the needs of utilities and others in the wider Indian power sector.
Company Business
- Power Generation
KSK Energy Ventures Limited (‘‘KSKEV’’), a listed Indian subsidiary, that has an attractive portfolio of power plant opportunities across various phases – under operation, construction and planning stage.
The Group through KSKEV has current interests in various operational power plants capable of generating 279 MW of power, power plants to commission aggregating to 583 MW and is currently involved in constructing 3,600 MW Power plant in addition to developing or planned power projects capable of generating an aggregate of 6,475 MW of power when fully developed. The power from these plants is sold or will be sold under a combination of long-term, medium-term and short-term power purchase agreements (“PPAs”) to industrial and state-owned consumers.
- Mineral Resources
KSK Energy Company along with KSK Mineral Resources houses all mineral interests of the Group that intend to facilitate long term fuel access i.e. coal supplies to various power plants of the Group immediately and to other developers in the longer term. The Group is currently involved in pursuit of other business opportunities that are peripheral or ancillary to the generation business being pursued by KSK Energy Ventures and its various subsidiaries. Over a period of time, it is anticipated that these SPVs could branch out to pursue and provide such services to various power businesses outside the KSK Group.
- Asset Management
KSK Asset Management Services Private Limited (“KAMSPL”), a wholly owned subsidiary incorporated in Mauritius in 2008 with a specific purpose to act as an investment manager to third party funds for investments in energy businesses. This business is more strategic in role and expected to support the various business initiatives of the Group and leverage the same for large global institutional investors.
- Solar Manufacturing
KSK Surya Holdings Limited and KSK Surya Limited, two wholly owned subsidiaries of KEL, incorporated in Mauritius, to pursue potential opportunities in the Solar Power business. KSK has recently announced its plans to initiate and explore the opportunities of collaborating with leading players in the semi conductor, solar panel technology for setup of a solar manufacturing facility in India. The Group has secured land concession admeasuring 50 acres in the Fab city at Hyderabad and initially looking at a solar photo voltaic panels manufacturing facility in collaboration with technology partners with strong R&D background in the semi conductor space and next generation technology.
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