Golden
NB Ventures

NB Ventures

NB Ventures is a conglomerate of interests in power generation, ferro alloys, mining and agribusiness across India, Southeast Asia and Africa.

Nava Bharat (NB) Ventures is a conglomerate with interests in power generation, ferro alloys, mining and sugar with operations in India, South East Asia and Africa. They produce and supply 200,000 tons of ferro alloys per year, operate power plants of 743 MW, produce and process sugar and ethanol through their sugarcane farms and grew to include healthcare services in 2017. In 2010, NB Ventures acquired Maamba Collieries in Zambia, a coal mine concessionaire. In 2016, they developed a 300 MW power plant in Zambia.



NB Ventures is present in India, where they mine, provide power and involved in agriculture; Zambia, where they are mining, provide power and involved in agriculture; and in Malaysia and Singapore, where they provide healthcare services.



Subsidiaries

Indian

Nava Bharat Projects Ltd is a wholly owned subsidiary providing project management services and the trade and export of goods and equipment in India.



Nava Bharat Energy India Limited is a wholly owned subsidiary, with 26% directly held by Nava Bharat Ventures and 74 % held through Nava Bharat Projects Ltd. Nava Bharat Energy India operate a 150 MW power plant in Telangana.



Brahmani Infratech Pvt is a partially owned subsidiary with Nava Bharat holding 66 percent. Brahmani Infratech invests in urban lands and infrastructure developement.

Foreign Direct

Nava Bharat (Singapore) Pte Ltd is an intermediate holding company for overseas investments in power generation and coal mining.



Nava Energy Pte Ltd is an intermediate holding company for overseas investments in OPeration and Maintenance services for Power Plants and provides services to Nava Bharat's 300 MW Maamba power plant.



Nava Holding Pte Ltd is an intermediate holding company for investment in emerging opportunities.



Nava Agro Pte Ltd is an intermediate holding company for investments in commercial agricultural projects.

Foreign Indirect

Maamba Collieries owns the largest coal concession in Zambia, has a 300 MW coal-fired power plant with a net capital outlay of USD$843 million. Nava Bharat holds 65% of the equity through their Nava Bharat (Singapore) holding company.



TIASH Pte Ltd operates in the healthcare services sector in Singapore and Malaysia through subsidiaries. Nava Holding Pte holds 65% of their equity.



Kawambwa Sugar Ltd is a multi-product agricultural product unit in Luena, Luapula province, Zambia where they have been granted a 99 year lease on 10,000 hectares of land by the Government of Zambia. Nava Agro holds 100% equity in Kawambwa Sugar.

Timeline

People

Name
Role
LinkedIn

Ashwin Devineni

CEO



C.V. Durga Prasad

Director of Business Development



D. Ashok

Chairman



Dr. D. Nageswara Rao

Director



G.P. Kundargi

Director



G.R.K Prasad

Executive Director



Indra Kumar Alluri

Director



K. Durga Prasad

Director



N. Prabhakar

Vice President



Nikhil Devineni

Vice President



P. Trivikrama Prasad

Managing Director



P.J.V. Sarma

Senior Executive Vice President



Shanti Sree Bolleni

Director



T. Hari Babu

Chief Financial Officer



V.S.N. Raju

Company Secretary and Vice President



Y Sreenivasa Murthy

Vice President



Y. Pattanaik

Vice President



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