KSK Energy Ventures may raise funds up to Rs 1,200 crore debt to finance wind energy projects across India, according to sources. KSK Energy Ventures currently has about 71 MW wind energy projects under operation, is looking to set up additional 250 MW projects by the next wind season, which would be May 2012. It is believed that KSK is discussing with multiple suppliers, including Chinese suppliers like Dongfang, Shanghai Electric in China and Suzlon Energy in India, for the wind energy machinery.

The cost per MW of wind energy is about Rs 5.5 to 6 crore. So about Rs 1,500 crore would be required for this project on 80% debt and 20% equity basis. The company prefers to raise the debt though Dollar Denominated Debt, a source told PTI. Continue reading KSK Energy Ventures to increase Wind Energy Projects in India →