Narbheram Vishram is the flagship enterprise of the Group formed in the year 1953. It is one of the oldest mining business houses in the states of Orissa and Jharkhand and still operates as one of the most lucrative business units of the Group. The current iron ore mining capacity is 2.2 MTPA. Armed with state-of-the-art crushing and screening facilities, this unit is one of the most advanced mining business units in the country. It is complemented by an equally efficient and modern logistic set up having its own fleet of vehicles and a private railway siding.

The Mines Division known as Khatau Narbheram & Co., has one of the oldest mines in the state of Orissa – the lease dating back to 1953. The firm has leasehold rights in Roida Iron Ore Mines – II in the Keonjhar District in Orissa with rich mineral reserves. The company has approval to mine up to 2.20 mn. Tones per annum.

The mines have a substantial resource base of superior quality iron ore with high Fe (iron) content and bulk density. The Fe content varies between 63 to 66 per cent, which makes it one of the best quality materials available in the country.

The company holds a leading position in the Indian mining industry for its superior mining techniques, equipment, scale, flexibility of operations and systems.

The potential of the proven deposit, as well as the quality and quantity of reserves, are good enough to sustain the mining operations for more than next two decades at the current operating capacity. The main products are:

• Calibrated iron ore lump – inputs for steel making through the DRI/BF process

• Iron ore fines – inputs for sinters and pellets, used for making steel

The mining operations are mechanised, adopting state-of-the-art technology and equipment namely hydraulic drifter, in-pit crusher, cone crushers and mobile crushers. Flexibility in operations enables the division to maximise the utilisation of resources, as well as cater to the needs of diverse customers.

Control over logistic infrastructure is the key to long-term growth in the mining business, and to strengthen this aspect, the company has taken on a number of initiatives:

• Development of private railway sidings (one near completionand another under construction)

• The Group has iron ore handling plots at Haldia and Paradip and recently acquired a plot at Gangavaram

The company’s mining roadmap includes exploring further mining acquisitions and leveraging both greenfield as well as brownfield opportunities. Further, to capitalise on the wealth of experience and expertise garnered in the mining sector, plans to venture into coal mining are on the anvil.

The 100% EOU Division is a custom bounded area within the mining area and is solely used for export of iron ore fines.

The power division’s total capacity stands at 19.65MW of wind energy at present with 15 MW under project as well.

(5 x 1.5 MW at Karnataka, 3 x 1.5 MW and 4 x 850 MW at Tamil Nadu, 1 x 1.5 at Rajasthan,
1 x 1.25MW at Maharashtra and 1 x 1.5 MW at Gujarat)

As the Group plans to foray into Solar Energy, first lot of 10MW will be operational within next 12-18 months.

The Group has a goal to achieve 100 MW of wind and solar power generation capacities by 2015

Basic raw material requirement of the Company is iron ore and coal. The Company has been allotted Coal Mines jointly with M/s Tata Sponge Ltd and M/s SPS Sponge Iron Ltd at Radhikapur (East) block in the state of Orissa, which is just 60 Km away from the plant site. The estimated reserve of the Coal Block is 115 million tons, out of which NPSPL’s share of 36% i.e.41.40 million tonnes; this will be more than sufficient enough to meet company’s vision to be power and steel focused player.

The Group also has its own iron ore mines under its partnership firm M/s Narbheram Vishram located at Keonjhar District, Orissa which is about 150 Km away from the plant site. The firm has approval to mine up to 2.20 million.

Capacity Chart as per (MOU) with Govt. of Orissa.

India’s advantage as a steel manufacturer and consumer comprise the following – the cost differential required to switch from domestic supply to imports is about 35%, the cost of steel production in India is lower than in developed countries and India will find it more cost-effective to manufacture steel than import.

Despite being the world’s fifth largest steel producer, India’s per capita steel consumption is one of the world’s lowest, indicating large potential. CARE Research estimates that during FY 09-11, steel demand in the domestic market would grow at an 8% CAGR. Steel demand from the construction sector is expected grow at a 9.5% CAGR. With huge steel capacity in the pipeline, India is all set to increase production growth.

ATHA Group has presently one of the best management team to execute the expansion plans as envisaged by the Group to the tune of Rs 495 crores. It will take the sponge iron capacity to 2,60,000 tonnes from presently 1,00,000 tonnes per annum; SMS capacity will be increased to 1, 45,000 tones p.a. from current capacity of 45,000 tonnes p.a. The biggest value addition will happen through expansion of power generation capacity from 8 MW to 48 MW.

The ATHA Group is focused on making NPSPL a power and steel giant and will be the flagship platform for the ATHA Group’s strengthening position into the energy sector. The ATHA Group’s vision to become formidable player in the energy sector will be taken ahead by NPSPL.

In the pipeline:

• The Group is on an acquisition spree and is looking for mining opportunities globally.

• With this respect, ATHA Group has already set up a 100% subsidiary of NPSPL in Singapore.

• The Group is looking to acquire mines abroad and amass a 1 billion ton capacity by the end on 2015 globally.

• The Group has already crystallized its initial expansion plans in NPSPL worth Rs. 495.00 crores with major focus on power

• The Group’s mission is to have minimum 1000 MW of thermal power capacities under project stage by 2015

• The Company has a large number of PL/ML in states like Rajasthan, Maharashtra, Odisha and Uttarakhand that are in advanced stages
   

• The Company is strategically positioned to take up Mine Development and Operation (MDO) mining contracts by forming a JV to explore opportunities in India or South East Asia
   

• AMPL exports iron ore fines predominantly to China to the tune of about 1 MTPA and are well positioned to take on other countries in the near future
   

• AMPL is poised to setup a coal desk for the efficient marketing and distribution of imported coal to the Indian corporations as well as cater to the increasing demand of coal in the entire subcontinent
   

• AMPL has a strong presence along the entire mining value chain from reconnoiter studies, exploratory drilling, advance studies, proper drilling, resources to reserves, obtaining mining licences and finally securing mining operations as per UNFC classification in India and SAMREC in South Africa

NPSPL Mineral RSA Proprietary Limited was incorporated on December 29th 2009, having it’s corporate office in Johannesburg and JV partners office in Harare. The Company has rich experience in South Africa across diverse geographies and varied minerals.

The Company has a strong team of highly qualified Geologists & Mining Engineers with a combined experienced of over 100 man years. The Company has ventured for the exploration of a Coal Block in Zimbabwe and has already undertaken more than 10,000 meters of exploration in the last 12 months in South Africa. It also boasts of an expansive and detailed electronic database for bore hole data, farms and geographies covering the entire South African continent.