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Nava Bharat Ventures
* Last Announced: Jun 07 Result
 Current News
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Sales from Zambia mine to begin from Q1FY13: Nava Bharat         12th-Dec-2011
Nava Bharat Ventures acquired largest coal mine in Zambia two years ago and now plans to expand its international business.
Nava Bharat Ventures eyes marginal sales growth in FY12         19th-Sep-2011
GRK Prasad, director of finance and corporate affairs at Nav Bharat Ventures expects the 64 megawatt (MW) power plant to be operational in the third quarter (Q3) and the company would get about five months revenue generation from that.
Drop in merchant rates won't hit FY12 sales: Nava Bharat         11th-Jul-2011
Due to a decline in merchant rates, Nava Bharat Ventures reported Q1FY12 realizations at Rs 4. According to PJV Sarma, Director of the company, the drop in realizations will be around 25-30% for FY12.
To start 64MW power plant by Dec 2010: Nava Bharat Ventures         18th-Feb-2010
In an interview with CNBC-TV18, GRK Prasad, ED Finance & Corporate Affairs, Nava Bharat Ventures, spoke about his outlook for the company.
Nava Bharat signs share purchase agreement with Zambia govt         24th-Dec-2009
In an exclusive interview with CNBC-TV18, Ashok Devineni, Chairman, Nav Bharat Ventures, spoke about the latest happenings in his company and sector.
Maytas led consortium bags Hyd Metro Rail Project           view table 4th-Aug-2008
The delayed Hyderabad Metro rail project is now back on track. A Mytas-led consortium has bagged the Rs 12,000 crore project. The consortium includes Nava Bharat Ventures, Ital Thai and IL&FS.
Nava Bharat Ventures to generate 208 mw in FY08         28th-Jun-2007
Brokerage firm Religare has given a 'buy' for Nava Bharat Ventures. The target price that it has set for the stock is Rs 268. On the company's capex plans GRK Prasad, Director of Finance, Nava Bharat Ventures said the firm was ramping up its power generation
Nava Bharat Ventures Q3, Net sales up 38%        22nd-Jan-2007
Nava Bharat Ventures Q3, Net Sales up 38%, PAT rises eight-fold to Rs. 364.5 million. Nine-month, Net Revenues at Rs. 3,874 million, higher by 27%
Power generation to go up by June 2008: Nava Bharat         21st-Nov-2006
Nava Bharat Ventures was on fire with a gain of six per cent on the back of the announcement of its expansion plans. CFO of Nava Bharat GRK Prasad says power constitutes about 40% and sugar 18% of his business with the balance coming from ferroalloy.
Orissa witnesses frenzied investment activity       24th-Jul-2006
Orissa witnesses frenzied investment activity. Steel, power, alumina refineries chief gainers...
Nava Bharat to set up 64 MW power plant       19th-Jun-2006
Nava Bharat Ferro Alloys Ltd said on Monday that its board had approved setting up a 64-megawatt, coal-based, power plant in Orissa, reports Reuters.
Nava Bharat to raise long-term funds for expansion       24th-May-2006
Having firmed up a major expansion programme involving an investment of over Rs 350 crore to be spent in the next two years, Nava Bharat Ferro Alloys Ltd (NBFAL) is now planning to raise funds to part-finance the expansion programme.
Nava Bharat Ferro to allot 250 acre for IT SEZ       8th-May-2006
Nava Bharat Ferro Alloys will allot 250 acre of land to its subsidiary for development of an IT SEZ. Director-Finance & Corporate Affairs at the company, GRK Prasad says that the capital outlay for the SEZ is at Rs 500-1000 crore.
Nava Bharat Ferro buzzing on SEZ development       8th-May-2006
Nava Bharat Ferro's stock has been moving up consistently on news of the company announcing plants to set up SEZs.
Plan to invest in Hyderabad's MRTS project: Nav Bharat       19th-Apr-2006
Nav Bharat Ferro Alloys has got an approval for a new sugar factory in Andhra Pradesh, which the company says is a Greenfield project. The company is also looking at venturing into infrastructure.

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