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.
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.
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.
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
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