- Business
- KSK Energy Ventures Ltd develops, owns, operates, and maintains power generation projects in India, with operating segments in project development and power generation; it supplies electricity through long-term and short-term power purchase agreements to industrial consumers including cement, textiles, steel, chemicals, automobiles, and heavy engineering sectors, as well as state-owned utilities. The company operates key thermal power plants such as KSK Mahanadi Power, a 3,600 megawatt coal-based facility in Chhattisgarh; Sai Wardha Power, a 540 megawatt coal-based project in Maharashtra; VS Lignite, a 135 megawatt lignite-based plant in Rajasthan; Sai Lilagar Power, an 86 megawatt coal-based plant in Chhattisgarh; Sai Regency, a 58 megawatt natural gas-based plant in Tamil Nadu; Sitapuram Power, a 43 megawatt coal-based plant; and Sai Maithili Power, a 10 megawatt solar project in Rajasthan; it also pursues coal mining through KSK Mineral Resources Private Limited, explores natural resources, and engages in investment and financing activities. Founded in 2001 and headquartered in Hyderabad, India, KSK Energy Ventures maintains operations across multiple Indian states including Chhattisgarh, Maharashtra, Rajasthan, Tamil Nadu, and Andhra Pradesh. In recent developments, JSW Energy Limited acquired KSK Mahanadi Power Company Limited, the operator of the 3,600 megawatt Chhattisgarh plant, through a court-approved insolvency resolution process valued at INR 16,084 crore, completed in March 2025; JSW Energy further acquired a 51% stake in KSK Water Infrastructures Private Limited for INR 962 crore in August 2025 to secure water supply for the full plant capacity.