KSK Energy Ventures is reportedly in talks with Foreign Strategic Investors & two Indian Power Companies to sell 74% stake in Wardha power plant for up to Rs 3000 crore. Further, the company is planning to utilize this capital to reduce debt and expand its 3600 MW power project in Chhattisgarh.
The company’s business activities include building of power station across India, thus reducing power supply deficit. Company supplies these utilities under short and medium term Power Purchase Agreements and to bulk consumers for captive, multi-captive and merchant operations.
