Trading Statement

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

KSK Power Ventur plc                                     +(91) 40 2355 9922 - 25
S. Kishore, Executive Director
K.A. Sastry, Executive Director

Arden Partners plc                                                 020 7398 1632
Richard Day/Steve Pearce

Hogarth Partnership Limited                                        020 7357 9477
Nick Denton/Barnaby Fry





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