KSK Energy Ventures has successfully synchronised its first 600 MW unit of the KSK Mahanadi Power plant with the National Grid on 18 May, 2013 and commencement of power generation. The 600 MW unit will now go through the necessary stabilisation procedures before commencement of power supplies to contracted utilities. KSK Mahanadi is a Greenfield private power plant of 3600 MW with 6 units of 600 MW units in single location and the largest power generation initiative of the KSK Group.
With capital investment commitment over US 3.6 billion, this coal fired power plant once completed will help address the power requirements of multiple states across India, namely Gujarat, Chhattisgarh, Goa, Andhra Pradesh and others with power generation based on long term coal supply arrangements with Gujarat Mineral Development Corporation (GMDC) and Goa Industrial Development Corporation from the committed Morga-II and Gare Pelma-III coal blocks respectively, besides enjoying the benefit of tapering linkage arrangements with the Coal India.
KSK Energy Ventures is engaged in the business of developing and operating power plants. The company is a wholly owned subsidiary of KSK Energy (Mauritius), which in turn is subsidiary of KSK Power Ventur plc.
| Company Name | CMP |
|---|---|
| NTPC | 396.15 |
| Tata Power | 439.75 |
| Adani Power | 230.45 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1728.30 |
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