Wardha Unit -III

RNS Number : 9282Y

KSK Power Ventur PLC

05 January 2011

 



5 January 2011

KSK Power Ventur plc
("KSKPV")

Wardha Unit -III

KSK Power Ventur plc (KSK.L), the power project company listed on the London Stock Exchange, with interests in multiple power plants across India, is pleased to announce that its subsidiary, KSK Energy Ventures Limited ("KSKEV"), the equity shares of which are listed and traded on the National Stock Exchange of India Limited ("NSE") and the Bombay Stock Exchange Limited ("BSE"), has filed with the NSE and BSE today the following update with respect to wardha Unit-III.

KSK Energy Ventures Limited ("KSKEV") is pleased to announce the light up of the boiler and completion of steam blowing with respect to the third unit (135 MW) of the 540 MW Wardha Warora Project (4X 135 MW). It is anticipated that, immediately upon completion of the evacuation permissions, the unit would witness synchronization with the Grid and commencement of coal based power generation from this unit as well.  Thereafter, we intend to undertake the stabilization and associated test protocols.

It is anticipated that Unit 4 would achieve significant completion progress in the current quarter and commencement of power generation from this unit thereafter. Insofar as commencement of linkage coal supplies, the process is currently underway and the company anticipates such supplies to commence during the second half of the fourth quarter.

For further information, please contact:

KSK Power Ventur plc Mr. S. Kishore, Executive Director Mr. K. A. Sastry, Executive Director	[phone]
Arden Partners plc   Richard Day / Adrian Trimmings	[phone]
FinancialDynamics                                                       Jonathan Brill / Ed Westropp	[phone]

 

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