ksk energy

Traded @ BSE/NSE (532997)
Target : 60+
KSK Energy Ventures is a power project development company experienced in developing and operating power plants. It was incorporated as a private limited company on Feb. 14, 2001 and became a public company on Feb. 06, 2008. The company is a subsidiary of KSK Energy (Mauritius) and a step-down subsidiary of KSK Power Ventur plc (Isle of Man). It is part of the group of companies in India under KSK Energy (Mauritius), which include KSK Energy Co. and its subsidiaries RVK Energy, Kasargod Power Corporation, KSK Energy Resources, KSK Natural Resource Ventures, Marudhar Mining, KSK Surya Photovoltaic Venture, and KSK Investment Advisor. 

The company focuses on developing, operating and maintaining power projects and supplies power to a combination of industrial and state-owned consumers in India. It has operational power plants at Arasmeta, a 43 MW coal-based power plant in Chhattisgarh; Sai Regency, a 58 MW natural gas-based power plant in Tamil Nadu; and Sitapuram, a 43 MW coal-based power plant in Andhra Pradesh. Power projects under construction include VS Lignite, a 135 MW lignite-based power project in Rajasthan which is scheduled to be commissioned in October 2008; and Wardha, a 540 MW coal-based power project in Maharashtra, which is scheduled to be commissioned in December 2009. 

Power Projects under development include Arasmeta Expansion, a 43 MW expansion of the existing Arasmeta power plant expected to be commissioned in first quarter of Fiscal 2011; Wardha Chhattisgarh, a 1,800 MW coal-based power project in Chhattisgarh expected to be commissioned in the second quarter of fiscal 2012; and KSK Dibbin, a 130 MW, a run-of-the-river hydro-electric power project in Arunachal Pradesh expected to be commissioned in the fourth quarter of fiscal 2011. 

KSK Narmada, a 1,800 MW coal-based power project in Chhattisgarh, expected to be commissioned in the second quarter of the fiscal year 2013; JR Power, a 1,800 MW coal-based power project in Orissa, expected to be commissioned in the fourth quarter of the fiscal year 2012; Wardha Naini, a 1,800 MW coal based power project in Orissa, expected to be commissioned in the first quarter of the fiscal year 2013; Kameng Dam, a 600 MW run-of-the-river hydro-electric power project in Arunachal Pradesh, expected to be commissioned in the fourth quarter of the fiscal year 2012; and Kameng Basin projects, a group of seven run-of-the-river hydro-electric power stations aggregating 345 MW in Arunachal Pradesh, expected to be commissioned in the second quarter of the fiscal year 2013 are among the planned projects. 

Subsidiary companies include KSK Dibbin Hydro Power, Kameng Dam Hydro Power, JR Power Gen, KSK Narmada Power Co., Kameng Basin Projects, Bahur Power Company, KSK Technology Ventures, Sai Maithali Power Company, Lakhpat Power Company, and KSK Electricity Financing India which in turn has Arasmeta Captive Power Co., Sai Regency Power Corporation, Sitapuram Power, VS Lignite Power, and Wardha Power Company as its subsidiaries. 

Something Great is cooking there.
Go For this............
Overall Market Sentiments is very Weak.

But, it may stands tall...No If : No But..........

Buy @ 47.50 - 47.80
Today's Target : 50.50 - 52+
Ultimate Target : 60+
SL : 43