Subsidiaries

  • Nava Bharat Projects Ltd (NBPL):

    A wholly owned subsidiary, NBPL provides project management services and is engaged in the trade and export of goods and equipment.

  • Nava Bharat Energy India Limited (NBEIL):

    A step down, wholly owned subsidiary, with 26 percent of equity directly held by Nava Bharat and 74 percent held through NBPL. NBEIL operates our 150 MW independent power plant in Telangana on a merchant basis.

  • Brahmani Infratech Pvt Ltd:

    A partially owned subsidiary, with Nava Bharat holding 66 percent of equity, Brahmani Infratech invests in urban lands and infrastructure development.

  • Nava Bharat (Singapore) Pte Ltd (NBS):

    NBS is Nava Bharat’s intermediate holding company for overseas investments in power generation and coal mining. NBS holds 65 percent of equity in Maamba Collieries Ltd, one of Nava Bharat’s foreign step down subsidiaries.

  • Nava Energy Pte Ltd:

    Nava Energy is Nava Bharat’s intermediate holding company for overseas investments in Operation and Maintenance (O&M) services for power plants. Nava Energy currently provides O&M services to Nava Bharat’s 300 MW Maamba power plant.

  • Nava Holding Pte Ltd:

    Nava Holding is Nava Bharat’s intermediate holding company for overseas investments in emerging opportunities. Nava Holding holds 65 percent of equity in TIASH Pte Ltd, one of Nava Bharat’s foreign step down subsidiaries.

  • Nava Agro Pte Ltd:

    Nava Agro is Nava Bharat’s intermediate holding company for overseas investments in commercial agricultural projects. Nava Agro holds 100 percent of equity in Kawambwa Sugar Ltd., one of Nava Bharat’s foreign step down subsidiaries.

  • Maamba Collieries Ltd (MCL):

    A step down subsidiary incorporated in Zambia, with NBS holding 65 percent of equity and the remaining held by ZCCM Investments Holdings Plc. Maamba Collieries owns the largest coal concession in Zambia, and has established a 300 MW coal-fired power plant in that country with a net capital outlay of USD 843 million.

  • Nava Energy Zambia Ltd (NEZ):

    A step down subsidiary incorporated in Zambia, NEZ is entirely owned by Nava Energy.

  • TIASH Pte Ltd:

    A step down subsidiary based in Singapore, with Nava Holding Pte Ltd holding 65 percent of equity. The company operates in the healthcare services sector in Singapore and Malaysia through its subsidiaries.

  • Kawambwa Sugar Ltd:

    A step down subsidiary incorporated in Zambia, Kawambwa Sugar is setting up a multi-product agricultural produce unit at Luena, in Luapula province, Zambia. Kawambwa has been granted a 99-year lease on 10,000 hectares of land by the Government of Zambia and market studies are currently underway to develop an integrated sugar plant, with potential development for other agricultural products as well.