Nava Bharat Ventures Limited (NBV) operates in the business verticals of power generation, mining, ferro alloys and agri-business with operations spread over India and Africa. The Company’s shares are listed on
under the scrip IDs : NBVENTURES & NBVENTURE respectively.
The Company’s major business segment is power generation. It produces thermal power using coal and bio-mass in India. The company has established and commissioned, through its subsidiary Maamba Collieries Limited in Zambia, a 300MW mine-mouth, thermal power plant at Maamba in Southern Africa.
The coal mining activity is carried out by Maamba Collieries Limited, a step-down subsidiary of NBV. This is the largest coal mining concession in Zambia. The high grade coal produced is supplied to various process industries while the thermal grade coal will meet the fuel requirement of the 300MW power plant (Phase-I) commissioned at the mine.
NBV is a leading manufacturer exporter of manganese and chromium ferro alloys from India. These alloys are key inputs for manufacture steel of various specifications including stainless steels. The company supplies its products to steel manufacturers in India and various other countries. The major export markets are the US, the European countries, Middle East and Japan.