Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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KSK Power Ventur PLC (KSK)

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Monday 07 June, 2010

KSK Power Ventur PLC

Indian subsidiary Power Purch

RNS Number : 1516N
KSK Power Ventur PLC
07 June 2010
 



 7 June 2010

KSK Power Ventur plc
("KSKPV" or "the Company")

Indian subsidiary Announcement with respect to Power Purchase Agreement ("PPA")

KSK Power Ventur plc (KSK.L), the power project company listed on the London Stock Exchange, with interests in multiple power plants across India, is pleased to announce that its subsidiary, KSK Energy Ventures Limited ("KSKEV"), the equity shares of which are listed and traded on the National Stock Exchange of India Limited ("NSE") and the Bombay Stock Exchange Limited ("BSE"), has filed with the NSE and BSE today an announcement with respect to Power Purchase Agreement ("PPA") from the 3600  MW KSK Mahanadi Power Project as extracted below:

 

"KSK Energy Ventures Limited ("KSKEV") is pleased to announce the signing of Power Purchase Agreement ("PPA") from its power plant at Nariyara, Chhattisgarh. The PPA has been executed with Gujarat Urja Vikas Nigam Limited ("GUVNL") for long term supply of 1010 MW of power based on dedicated coal supplies from Gujarat Mineral Development Corporation ("GMDC") and its coal blocks.

 

KSK considers this development a significant milestone in view of this being the largest utility PPA of the Group till date. The PPA reinforces and validates the strong collaborative partnership KSK has been seeking to develop and sustain through competitive power supplies.

 

The PPA establishes the benefits of a successful public-private partnership model emerging with the lowest tariff among the 10 qualified bidders selected by GUVNL through a competitive bid process.

 

KSK acknowledges that this pioneering initiative of the Government of Gujarat initiative has resulted in a win-win situation - the State benefiting from competitive tariff while KSK received competitively priced dedicated fuel for the project.

 

The Company recognizes that this milestone has been made achievable only with the active support the Government of India as well as the Government of Gujarat and its associated entities, namely GMDC and GUVNL. The company looks forward to their continual support in the execution and operation of the power project."



For further information please contact:

 

KSK Power Ventur plc                                                                        +91 40 2355 9922

Mr. S. Kishore, Executive Director

Mr. K. A. Sastry, Executive Director

 

 

Arden Partners plc                                                                               +44 (0)20 7614 5900

Richard Day / Adrian Trimmings

 

Financial Dynamics                                                                              +44(0)20 7269 7157

Jonathan Brill / Billy Clegg / Ed Westropp

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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