KSK has released its H1 FY 2016 results. Revenues were strong though margins were behind and interest charge ahead of our expectations. These could improve with greater utilisation of the generation base going forward. More important than the H1 financial performance and likely to provide a significant benefit in H2 however is the news that grid access for the Mahanadi plant into Uttar Pradesh and Tamil Nadu has been implemented allowing PLF on the 1,200MW of available capacity to rise from 4
26 Nov 2015
H1 FY 2016 results
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H1 FY 2016 results
KSK Power Ventur plc (KSK:LON) | 0 0 0.0% | Mkt Cap: 3.94m
- Published:
26 Nov 2015 -
Author:
Daniel Slater -
Pages:
3
KSK has released its H1 FY 2016 results. Revenues were strong though margins were behind and interest charge ahead of our expectations. These could improve with greater utilisation of the generation base going forward. More important than the H1 financial performance and likely to provide a significant benefit in H2 however is the news that grid access for the Mahanadi plant into Uttar Pradesh and Tamil Nadu has been implemented allowing PLF on the 1,200MW of available capacity to rise from 4