Year |
Company History |
2009 |
- Coal supply agreement entered with GIDC for 1800 MW Power project in Chattisgarh, Wardha Chattisgarh capacity enhanced to 3600 MW in same location
- Group achieves production of the Gurha East lignite block of VS Lignite power plant
- KSK Power Ventur plc undertakes a placement of shares raising approx £ 32.5 mn
- KSK Energy shareholders approve a potential placement of new shares under GDR /ADR/QIP route under preferential allotment basis
- More than 10+ GW of power project opportunities portfolio
|
2008 |
- Restructuring agreement with LB, becomes a large (33%) shareholder in KSK Energy Ventures
- KSK Energy Company, 100% subsidiary of KSK Power Ventur plc with mineral interests and other business streams obtains government consent
- Company transfers 26 MW coromandel asset in favour of India cements, to the other shareholder in the power plant
- Effort on Wardha Chattisgarh 1800 MW power plant commences with significant debt tie-up
- KSK Energy Ventures complete its Pre-IPO placement as well as Initial public offering of Shares, raising approx US$ 300 mn
- KSK Power Ventur plc stake dilutes down to 55.25%. KSK Energy stock starts trading on NSE/BSE
|
2007 |
- Sai regency power plant synchronized with the grid
- Company secures award of 725 MW of Hydro power opportunities in Arunachal Pradesh
- Sitapuram power plant synchronized with the grid
- Company enters strategic relationship with GE
- Coal supply agreement entered with PIPDIC for proposed 1800 MW JR Power project
|
2006 |
- Government consent for the Lehman JV investments and multiple power plants capitalized
- Arasmeta plant synchronized with the grid
- Collaborative MOU’s with SMDC’s (GMDC, MPSMC and PIPDIC) for long term coal supply arrangements signed
- KSK Promoter Group Company “KSK Power Ventur plc” lists on AIM Market of London Stock Exchange
- Execution of a coal supply and investment agreement with GMDC for supplies to proposed 1800 MW Chattisgarh project
- Lafarge confirms request for setup of additional 43 MW power plant expansion unit
- Effort on Wardha Warora 540 MW power plant commences
|
2005 |
- KSK Energy forms Joint Venture with Lehman Brothers India Holdings to set up KEFIPL to fund power project equity requirements
- Secures allocation of the Gurha East Lignite block to VS Lignite from Government of India
- Shareholders Agreement with Zuari cements for setup of 43 MW captive power plant
- Entire debt tie-up of 3 power projects of Arasmeta, Sai Regency & Sitapuram achieved
|
2004 |
- Achieves full fund tie-up of “Small is Beautiful” fund
- Coromandel Electric phase I of 17.4 MW power plant commences commercial operation
- Memorandum of Understanding with Lafarge India to set up a 43 MW Arasmeta power plant
|
2003 |
- Commenced work on 10.9 MW, gas based MMS Power plant in Tamilnadu
- Effort on setting up India’s first power project focused investment fund – “small is beautiful”
|
2001 |
- Incorporated KSK Energy Ventures Private Limited
- Commences commercial operation of 20 MW Kasargod Power Plant
|