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KSK - Powering India Forwards (KSK)     

G D Potts - 19 Jan 2007 14:58

KSK Power Ventures;

Great Interims;

For Immediate Release 20th December 2006

KSK Power Ventur plc

('KSK', the 'Company' or the ' Group')

Maiden interim results for the six months ended 30 September 2006


Introduction


KSK Power Ventur plc (AIM: KSK.L), the power project development company with
interests in multiple power plants across India, floated on the AIM market of
the London Stock Exchange in November 2006, raising 30.9 million.


The company today announces its maiden interim financial results for the six
months ended 30 September 2006.


Highlights:


Successful flotation on AIM raising 30.9 m


Consolidated Revenues of USD 3.12 million; gross profit of USD 1.59
million*; net loss of USD 1.3 million**


43 MW Arasmeta Captive power plant for Lafarge India became fully
operational during the period


Captive power plants of Sai Regency & Sitapuram are progressing well and
are expected to be operational before end of the financial year


Additional expansion to double the size of the current 43MW power plant
in Arasmeta


Government of India's economic growth projections for the country have
risen to more than 9% per year


* after cost of sales but before administrative, financing and Depreciation
expenses

** after all expenses including taxes



Commenting on the results, T L Sankar, Chairman of KSK said:


'Since our successful IPO we have continued to maintain momentum in the further
development of all of our projects, as well as making further progress in our
core fuel supply relationships. The buoyant Indian economy continues to underpin
our growth and is showing signs of further acceleration. In the past six months
we have seen the completion of the Arasmeta captive power plant for Lafarge and
the further development of our first hydro electric plant initiative.


'These are exciting times for the Company and with additional power plants due
to open in the second half, and a number of further projects underway, we remain
confident in our growth prospects and in our ability to meet expectations for
the full year.'





For further information, please contact:

http://ksk.co.in

G D Potts - 23 Jan 2007 13:34 - 2 of 33

Gathering momentum - Could be 300 in 6 months.

G D Potts - 13 Apr 2007 20:14 - 3 of 33

KSK Power Ventur PLC
13 April 2007



For immediate release 13 April 2007

KSK Power Ventur plc ('KSK' or the 'Company')

Business Update

KSK Power Ventur plc (AIM:KSK.L), the power project development company with
interests in multiple power plants across India, announces the following
business update in advance of a site visit to India by various institutional
investors and KSK entering its close period before its results for the financial
year ended 31st March 2007.

Significant progress has been made since the last business update released by
the Company on 17th January 2007. In summary, since that update KSK has
increased its fuel supply and won two hydro-electric projects aggregating to 750
MW.

Mining update
At the time of admission, KSK referred to the steps it had taken to secure
access to coal and lignite blocks in various locations; ensuring continuity of
fuel supply and control of its fuel costs for its various power plant
initiatives. The reserves and resource of three blocks in Gurha East, Morga &
Nuagaon Telisahi were being accessed by the Company, to meet the estimated
potential requirements of 254 MT of coal for KSK projects throughout India.

Details on further developments in this area are set out below:

1. Gurha East Lignite Block
The 135 MW Marudhar Power group captive power plant will be powered from fuel
supplies available from this block. The necessary environmental clearances for
both the mining and power plant activities on site have now been secured. KSK
anticipates that the mining lease will be signed and also selection and award of
the over burden removal & mining contract will be signed during the current
quarter (April-June 2007).

2. Morga Coal Blocks (Morga-I & Morga-II)

The Madhya Pradesh State Mining Corporation (MPSMC) has been allotted the
Morga-I Coal Block by the Government. KSK has a memorandum of understanding
('MOU') with MPSMC to use the coal from this allotment for power generation.
Execution of the Fuel Supply Agreement (FSA) is still outstanding. MPSMC has
sought certain clarifications from the Central Indian Government, pending which,
KSK is expecting this to be signed during the current quarter. In anticipation,
KSK has started the necessary ground work in locating a site for the power
project, with access to evacuation, water and fuel transport, etc, so as to be
able to act quickly on further developments.

In the light of the potential in the Morga II Block outlined below, KSK is
confident of securing access to 6 MT per annum of coal from this block. The
contiguous nature of this block with the Morga II Block is of significant
benefit; as it gives uniform quality of coal and opens up possibilities on
resource conservation and optimization, both on the mining and power project
side.

The Gujarat Mineral Development Corporation ('GMDC') has been allotted the Morga
II Coal Block by the Government. KSK has an MOU with GMDC to use the coal from
this block for power generation.

In accordance with the terms of the MOU, GMDC entered into a Fuel Supply
Agreement with Wardha Power in November 2006 to supply 4 MT of coal per annum,
originally estimated to meet the requirements for the 1000 MW Wardha Power
Plant. In February 2007 GMDC confirmed, through a letter of acceptance, the
supply of an additional 3 MT per annum of coal, being enough to generate another
750 MW of additional power at this plant. However, current indications of the
calorific content of the coal from this block indicate it is of superior quality
than originally anticipated and so KSK anticipates that this should be
sufficient fuel supply for a further 2500 MW of power plant capacity. This
commitment for 7 MT of coal per annum by GMDC, over the 30 year period of the
fuel supply agreement, reflects a confirmation of 210 MT per annum over the
period.

3. Nuagoan Telisahi Coal Blocks
KSK anticipated access to fuel resource from this block, in collaboration with
the Andhra Pradesh Mineral Development Corporation ('APMDC'). The block was to
be jointly exploited with the Orissa Mining Corporation ('OMC'). While KSK took
immediate steps to implement the project by appointing a Chief Executive and
working towards facilitation on the mining side, it faced serious hurdles
inherent in such endeavours during the very initial stages of implementation.

In this light, KSK has decided to terminate its involvement in the Nuagoan
Telisahi coal project. Instead, KSK is pursuing other routes to secure
dependable fuel supplies from alternative blocks in the State of Orissa.

4. Jainagar Coal Block
In the earlier allocation round, GMDC was also allotted the Jainagar block, in
the state of Jharkhand, a State in the Eastern Region of the Country. Following
a detailed study of all the parameters, and after full consultation with KSK,
GMDC has requested a change from this block allocation. KSK will keep investors
appraised of developments in due course.

KSK can confirm that under the terms of its MOU with GMDC, KSK will have access
to coal supplied from any further coal blocks being allocated to GMDC,
specifically any allotted as a substitution for the Jainagar block .The entire
coal from any substituted block would be solely available for KSK's projects.

5. Additional Coal Block - New round
In line with the continuous effort to enhance coal supplies and the associated
power generation, the Government of India is making available a fresh round of
coal blocks for allotment, under both the captive dispensation and the
Government dispensation route. Under the Government dispensation route alone, it
is anticipated that at least 5000 MTs of coal will be offered for application
and allotment. Applications for these blocks were made in January 2007.

KSK has entered into strategic relationships with both public and private sector
participants, who have made applications for these blocks. In addition to
ongoing collaboration with GMDC in this regard, KSK has also entered into
additional relationships with Chattisgarh Mineral Development Corporation
Limited ('CMDC') and the JPR group of Tamil Nadu. Additionally, KSK has also
made direct applications for some blocks under a captive status.

Hydro Electric Power Projects
The Company has previously indicated the significant activity and progress with
respect to hydro electric power generation by the group. KSK is pleased to
announce that it has won and been awarded two new hydro electric projects,
aggregating to a capacity of 725 MW. Both projects are situated in the State of
Arunachal Pradesh - a North Eastern State of India. One has a capacity of 125 MW
and the second has a capacity of 600 MW.

KSK is currently implementing its first hydro project for Avantika, which has
been upgraded from 15 MW to 18MW, and has built a very strong team under the
stewardship of Tanmay Das. This team is continuously looking at new hydro
opportunities and is targeting 1000 MW of hydro power generation before the end
of 2012.

Thermal Projects Update.
In regard to the various other power projects under construction or development,
KSK anticipates being able to provide further updates as various milestones are
achieved over the coming months.

Outlook
Commenting on the progress so far, S. Kishore, Executive Director said: 'The
developments in our coal supply and hydro electric projects have seen our
pipeline strengthened still further. Given our strategic relationships and our
new initiatives, KSK is in a pre-eminent position within the private power
generation sector and is well placed for further growth.'

KSK's preliminary results for the year ended 31 March 2007 will be announced on
Friday 15 June 2007.

- Ends -

For further information, please contact:
www.ksk.co.in

G D Potts - 13 Apr 2007 20:15 - 4 of 33

And a fantastic trading statement - the only way's up now.

soul traders - 13 Apr 2007 20:46 - 5 of 33

Not bad - almost doubled over 6 months. gonna have a look at the financial side . . . .

soul traders - 13 Apr 2007 20:56 - 6 of 33

GDP, are there any analyst's predictions out there for this co?

G D Potts - 15 Apr 2007 18:48 - 7 of 33

I'm not sure - will have a look around.

G D Potts - 29 Apr 2007 16:01 - 8 of 33

Reuters says there arent any Soul, Separately an Analyst on Bloomberg commented that investing in companies providing infastructure, i.e. power and roads, in India are well placed for the future emergence of India as a world power which brings us back to KSK.

G D Potts - 10 May 2007 13:00 - 9 of 33

Ticking up today

G D Potts - 12 May 2007 10:54 - 10 of 33

Gathering solid momentum.

G D Potts - 14 May 2007 13:02 - 11 of 33

Well someone must think the same as me because this is heading north quickly.

ValueMax - 14 May 2007 23:07 - 12 of 33

I think the same as you, G D. I picked this as one of my tips on the AIM tips for 2007 thread, however invested elsewhere so never followed up on my research with a buy. Good company, good growing market, good prospects.

G D Potts - 15 May 2007 11:45 - 13 of 33

thats a shame. The SP still has further to run though so I believe the SP is still attractive to new buyers even with the recent surge.

ValueMax - 15 May 2007 13:52 - 14 of 33

Not too much of a shame - got good returns on Indago and Endace instead. But still keen on this company and high on my watchlist.

G D Potts - 15 May 2007 17:45 - 15 of 33

KSK Power Ventur, the Indian developer and operator of power stations, added 15p to 255p after the official opening of its latest plant in the country's Chandrapur district.
Small Caps - The Times.

Great response in the SP then to that single piece of news which didnt even make an RNS. Exciting times ahead.

G D Potts - 12 Jun 2007 11:33 - 16 of 33

KSK Power Ventur PLC
12 June 2007


12 June 2007


KSK Power Ventur plc

('KSK', 'the Company' or 'the Group')


Results Update


Further to the trading statement released on 13th April 2007, KSK announces that
it is in the process of a full review of the composition of its Board, with a
view to further strengthening the Board and optimising the capabilities of its
senior management team. It is anticipated that the Company will shortly be able
to announce the appointment of a new Finance Director as well as non-executive
appointments to follow.


The Company is pleased to report further that, with all permissions and
clearances obtained in good time, the 540 MW power project at Warora was
recently launched in the presence of the Hon Chief Minister of Maharashtra Mr.
VilasRao Deshmukh & other dignitaries. The power supplies from the project are
expected commence from May 2009 and further details on the project will be
released in due course.

Trading overall in the Group continues to go well. In the light of these
developments, KSK will now be announcing its financial results for the year
ended 31st March 2007 by the end of July 2007.



- Ends -

For further information, please contact:
www.ksk.co.in

G D Potts - 25 Jul 2007 19:29 - 17 of 33

KSK seems to be weathering the storm too.

G D Potts - 25 Jul 2007 19:30 - 18 of 33

Where a lot of the rest of my portfolio isnt.

G D Potts - 30 Jul 2007 15:19 - 19 of 33

KSK Power Ventur PLC
30 July 2007



For immediate release 30 July 2007


KSK Power Ventur plc

('KSK' or the 'Company')

Preliminary results for the period ended 31 March 2007

KSK Power Ventur plc (AIM : KSK.L), the power project development company with
interests in multiple power plants across India, today announces its maiden
preliminary results for the period ended 31 March 2007, being from the date of
the holding company's incorporation on 16 July 2006 prior to KSK's admission to
AIM.

For comparative purposes the Company also announces the following unaudited
consolidated financial results for the year ended 31 March 2007.


Financial Highlights

Turnover up 152% to $13.42 m (7.27m) (2006 : $5.32m (2.87m))

Gross Profit up 200% to $8.49m (4.6m) (2006 : $2.83m (1.53m))

Profit from Operations up 892% to $4.76m (2.57m) (2006 : $0.48m
(0.26m))

Profit before tax up 556% to $5.77m (3.13m) (2006 : $0.88m (0.48m))

Net Profits $4.34m (2.35m) (2006 : $0.36m (0.20m))

*All financial figures represented in US dollars unless otherwise stated.

** Conversion at $1 = 0.542



Operational Highlights


Two new plants commenced operations in the period :

58 MW Sai Regency captive power plant (March 2007)
43 MW Sitapuram power plant (June 2007)


Six plants now in operation in total


New power projects under construction :
135 MW VS lignite power plant in the State of Rajastan (formerly for
Marudhar Power) due for completion and commissioning in 2008;
540 MW power plant in Warora due for completion and commissioning in
2009.


Continued progress on development of the Wardha Power 1210 MW pithead
based power plant;


Further identification and development of a number of hydroelectric power
plant opportunities;


Strategic acquisition of 5% stake in Gujarat Mineral Development
Corporation (GMDC) to further secure fuel supply.



Commenting on the results, T L Sankar, Chairman of KSK said:

'2007 was another successful year for KSK. Since our admission to the London
Stock Exchange in November 2006, the Company has remained firmly focused on the
growth opportunities open to us through the development and construction
initiatives of a range of power projects across India.


The Company's progress both in thermal and hydroelectric power areas is
encouraging and further development work will continue to hold the Company's
focus into 2008. With the continued strong demand for consistent energy supply
in the Indian market, 2008 promises to be another important year in the
development of KSK, as the Company continues its development initiatives and
consolidation of existing activities.'

For further information, please contact:

G D Potts - 30 Jul 2007 15:20 - 20 of 33

great results. SP could be heading to 5

G D Potts - 09 Aug 2007 12:17 - 21 of 33

Pg 53 of Shares today/
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