KSK has released its H1 FY 2018 results. The results show generation continuing to be limited by coal availability, particularly on Mahanadi, and the requirement for new, long-term PPAs on a number of the other plants. Nevertheless, the company remains OCF generative. The results also reflect a move from full consolidation of the company’s Wardha and VS Lignite plants to accounting for them as investments, as project lenders have exercised rights under their debt security to take a 51%
22 Dec 2017
H1 FY 2018 results
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H1 FY 2018 results
KSK Power Ventur plc (KSK:LON) | 0 0 0.0% | Mkt Cap: 3.94m
- Published:
22 Dec 2017 -
Author:
Daniel Slater -
Pages:
7
KSK has released its H1 FY 2018 results. The results show generation continuing to be limited by coal availability, particularly on Mahanadi, and the requirement for new, long-term PPAs on a number of the other plants. Nevertheless, the company remains OCF generative. The results also reflect a move from full consolidation of the company’s Wardha and VS Lignite plants to accounting for them as investments, as project lenders have exercised rights under their debt security to take a 51%