KSK Energy Ventures, India was started in February 2001 to exploit emerging opportunities in the Indian power sector and have since focused its strategy on the private sector power development market, undertaking entire gamut of development, investment, construction, operation and maintenance of power plants with supplies initially to heavy industrials operating in India and now branching out to cater to the needs of utilities and others in the wider Indian power sector.
According to a company press release, KSK Group operates 550 MW of thermal and 52 MW of wind power projects in India. It has set a target of increasing the installed capacity to 900 MW by April 2011.
In wind energy, where it wants to expand, the company is in the process of completing works of 18.9 MW wind farm in Tamil Nadu. Firming up plans for a 50-MW wind farm in Andhra Pradesh and harnessing 250 MW in Karnataka with local developers are also under way.
Now according to reports, the company intends to procure 250 MW of wind turbines from Dongfang Electric Corporation Ltd of China. The companies are to sign a contract on December 15 in New Delhi during the visit of the Chinese Prime Minister, Mr Wen Jiaban, to India. It is not clear is if KSK will be using the turbines for their own wind farm expansion plans or if they would be doing it on behalf of clients. As Panchabuta understands, there wind turbines do not have the C-WET certification yet, that would be mandatory.
Either way, this would mark the entry of Chinese wind turbines into the Indian market where recent entrants like Spanish wind major Gamesa have found reasonable success in a challenging local market environment.