July 28, 2017 3:07 AM ET

Electric Utilities

Company Overview of R.K.M. Powergen Pvt. Ltd.

Company Overview

R.K.M. Powergen Pvt. Ltd. own and operates coal based electricity producing plants. The company is based in Chennai, India. R.K.M. Powergen Pvt. Ltd. operates as a subsidiary of RK Powergen Pte Ltd.

14/21, Haddows Road

Numgambakkam

Chennai,  600 006

India

Key Executives for R.K.M. Powergen Pvt. Ltd.

Managing Director
Compensation as of Fiscal Year 2017.

R.K.M. Powergen Pvt. Ltd. Key Developments

Mudajaya Plans to Sell Its Stake In R.K.M Powergen

Mudajaya Group Berhad (KLSE:MUDAJYA) is planning to sell its stake in R.K.M. Powergen Pvt. Ltd. James Wong Tet Foh, the managing director and Chief Executive Officer said "The key is to maximise the value of the power plant, the price will be better when it is fully completed." The group's 26% stake was valued at MYR 1.1 billion by independent valuers at the end of last year. Wong estimates that when the plant is fully operational, it may fetch a book value of more than MYR 1.5 billion.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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