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
KSK Power Ventur plc +(91) 40 2355 9922 - 25
S. Kishore, Executive Director
K.A. Sastry, Executive Director
Arden Partners plc +44 (0)20 7398 1632
Richard Day/Steve Pearce
Hogarth Partnership Limited +44 (0)20 7357 9477
Nick Denton/Barnaby Fry
This information is provided by RNS
The company news service from the London Stock Exchange
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