Nava Bharat Ventures has resumed its operations of Power and Ferro Alloys situated at Paloncha, Telangana and Dhenkanal, Odisha, after receiving the permissions with restrictions from the respective State Governments.
However, the operations of company’s subsidiary, Nava Bharat Energy India (150 MW Unit) at Paloncha, Telangana continue to be under shut down, as there is no bilateral contract and there being no alternative viable market on the power exchange.
Nava Bharat Ventures operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.
