KSK has released its H1 results to the end of September 2016. These report a period of continued significant generation at Mahanadi (higher than H1 FY 2016, though lower than H2 2016), although transitory coal sourcing issues have resulted in revenues and profits behind our expectations, and we adjust our numbers for the full year (detailed below – we leave FY 2018 unchanged). More positively, the grid access and PPAs for Mahanadi are performing as expected, and construction is progress
30 Nov 2016
H1 FY 2017 results
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H1 FY 2017 results
KSK Power Ventur plc (KSK:LON) | 0 0 0.0% | Mkt Cap: 3.94m
- Published:
30 Nov 2016 -
Author:
Daniel Slater -
Pages:
6
KSK has released its H1 results to the end of September 2016. These report a period of continued significant generation at Mahanadi (higher than H1 FY 2016, though lower than H2 2016), although transitory coal sourcing issues have resulted in revenues and profits behind our expectations, and we adjust our numbers for the full year (detailed below – we leave FY 2018 unchanged). More positively, the grid access and PPAs for Mahanadi are performing as expected, and construction is progress