Nava Bharat Ventures Limited
Company overview
The company's core business areas include the production of renewable energy through its power division, which operates multiple thermal power plants. Nava Bharat Ventures also focuses on mining activities for coal and other minerals to support its energy requirements.
In addition to this, the company has a significant presence in the agri-business sector where it engages in cultivating sugarcane and producing sugar along with allied products like ethanol and bio-power.
Nava Bharat Ventures' ferroalloys division specializes in manufacturing high-quality manganese alloys used primarily by steel manufacturers globally. This segment adds to the vertical integration of the company’s portfolio.
In terms of technology innovation, Nava Bharat Ventures leverages advanced processes for efficient power generation while ensuring environmental sustainability. Its commitment towards clean energy production aligns with global efforts to reduce carbon emissions. One factor that sets Nava Bharat Ventures apart from its competitors is its integrated business model encompassing diverse sectors such as power generation, mining, agriculture, and ferroalloys. This diversification allows the company to mitigate risks associated with market fluctuations within any single industry. The collaborations established by Nava Bharat Ventures play an instrumental role in furthering their position within various industries. For instance, partnerships formed for sourcing raw materials or joint ventures aimed at expanding their geographic footprint contribute significantly to their growth strategy.