History

ACB (India) Limited, the flagship Company of Group, was incorporated in March 1997 as Aryan Coal Benefications Private Limited. It started its operations from Korba Coalfields of South Eastern Coalfields Limited (SECL) in Chhattisgarh in the year 1999. ACB made foray into the thermal power generation by undertaking a 30 MW Pilot Power Project in 2007, using coal washery rejects as fuel. The plant is located adjacent to its Coal Beneficiation Plant at Chakabura in Korba District of Chhattisgarh.



Washery Operations

ACB (India) Limited started its operations in 1999, setting up a coal washery in the Korba Coalfields of SECL in Chhattisgarh. The initial capacity was 1 MTPA, which has been expanded to 14 MTPA, making it the largest washery in India. The company has an aggregate designed coal beneficiation capacity of 45 MTPA in Chhattisgarh. Major customers include power houses from various states and private players.

Power Operations

Total Installed Capacity: 1638 MW
Operational Capacity: 1405 MW

The company entered the power sector with a 15 MW Wind Mills project in 2005 and a 30 MW reject coal-based thermal power plant in 2007. ACBIL has since established multiple coal-based thermal power plants in Chhattisgarh, with a combined installed capacity of over 1000 MW. Our associate company, Spectrum Power Generation Limited was operating a 208 MW gas-based power plant in Andhra Pradesh.

Our Commitment to Quality Services

We are dedicated to producing a sustainable, high-quality product to satisfy our customers' stringent quality requirements. ACBIL has established a Quality Management System to ensure our products meet customer standards and requirements.

Milestones

1997

Incorporated as a Private Limited Company

1999

First coal beneficiation plant

Our Company's first coal beneficiation plant was planned and commissioned at Dipka, Korba District, Chhattisgarh with an initial capacity of 1 MTPA.

2001

First major work order for coal beneficiation

Receipt of our first major work order for beneficiation of up to 1.8 MTPA of raw coal from Punjab State Electricity Board.

2003

Expansion to Maharashtra and Odisha

Expansion of business to the state of Maharashtra by setting up a coal beneficiation plant at Pandarpauni, Maharashtra, with an initial capacity of 1.62 MTPA. Aryan Energy Private Limited, our Subsidiary, commissioned its first coal beneficiation plant with an initial capacity of 2 MTPA in Balanda, Odisha.

2004

Further expansion and manufacturing plant setup

Further expansion of our coal beneficiation capacity by commissioning a new coal beneficiation plant at Chakabura, Chhattisgarh with an initial capacity of 2 MTPA. The manufacturing plant for coal beneficiation equipment at Rewari, Haryana was set up by Aryan Clean Coal Technologies Private Limited, our Subsidiary.

2005

Wind power plant and further coal beneficiation expansion

15MW wind mill project was commissioned in Sangli, Maharashtra. Kartikay Coal Washeries Private Limited, our Subsidiary, commissioned its first coal beneficiation plant in Yeotmal, Maharashtra with an initial capacity of 1.08 MTPA. Coal beneficiation capacity of the plant at Dipka increased to 12 MTPA.

2006

Aryan Energy expansion in Gauri, Maharashtra

Aryan Energy Private Limited, our Subsidiary further expanded its operations by commissioning a new coal beneficiation plant with an initial capacity of 0.99 MPTA in Gauri, Maharashtra.

2007

Thermal power plant commissioning and power purchase agreements

30 MW coal based thermal power plant was commissioned at Chakabura, Chhattisgarh. We entered into a power purchase agreement with Gujarat Urja Vikas Nigam Limited for the sale of 200 MW of power to Gujarat Urja Vikas Nigam Limited from our 2×135 MW thermal power project in village Kasaipali, Chhattisgarh. Execution of PPA with GUVNL for sale of 200 MW of power from our 270 MW thermal power project in Chhattisgarh.

2008

Agreements and commissioning of coal beneficiation plant

Execution of Implementation Agreement with the Government of Chhattisgarh and Chhattisgarh State Electricity Board for establishment of a 250 ± 20% MW thermal power project in village Kasaipali, Chhattisgarh. Commissioning of coal beneficiation plant with an initial capacity of 6.25 MTPA at Gevra, Chhattisgarh. Aryan M.P. Power Generation Private Limited, our Subsidiary, signed an implementation agreement with the Government of Madhya Pradesh for establishment of a 1,200 MW coal fired thermal power project in District Sidhi, Madhya Pradesh.

2009

Acquisitions and commissioning of coal beneficiation plant

Acquisition of 100% equity stake in Spectrum Coal and Power Limited, a company engaged in the business of coal beneficiation and also in the process of setting up 2x50 MW thermal power plant in village Ratija, Chhattisgarh. Acquisition of 51% stake in TRN Energy Private Limited, a company proposing to set up a 2×300 MW thermal power plant in district Raigarh, Chhattisgarh. Commissioning of coal beneficiation plant at Binjhri, Chhattisgarh with an initial capacity of 0.96 MTPA.

2010

Implementation agreements for thermal power projects

Execution of implementation agreements with Government of Chhattisgarh for establishing a 1100+20% MW coal fired thermal power project at village Champa, Chhattisgarh and 1x30 MW coal based thermal power project in village Chakabura, Chhattisgarh.

2011

Commissioning of coal beneficiation plant and power project

Commissioning of coal beneficiation plant at Hemgir, Odisha with an initial capacity of 5 MTPA. Commissioning of the first unit of the 2x135 MW power project in the Korba district, Chhattisgarh.

2012

Commissioning of the second power project unit

Commissioning of the second unit of the 2x135 MW power project in the Korba district, Chhattisgarh.

2013

Enhanced equity shareholding and power plant commissioning

Enhancement of equity shareholding in TRN Energy Private Limited from 51% to 74%. Spectrum Coal and Power Limited, our Subsidiary, commissioned its 1×50 MW coal based thermal power plant at Ratija, Korba, Chhattisgarh. Acquisition of 26% equity shareholding in Swastik Power & Mineral Resources Private Limited, a company running a 0.90 MTPA coal washery plant at village Kanberi, Korba, Chhattisgarh and setting up a 2×25 MW thermal power plant at village Kanberi, Korba, Chhattisgarh. Received Letter of Intent (LoI) from BCCL to establish a 1.6 MTPA Dahibari NLW Coal Washery beneficiation plant in Dahibari, Jharkhand, on a Built, Operate & Maintenance basis.

2014

Phase II power plant commissioning and LOI receipt

Phase II of 2 x 30MW Chakabura Power Plant was commissioned at Chakabura, Chhattisgarh. Receipt of LOI to establish a 10 MTPA coal beneficiation plant at Basundhara, Odisha on a Build, Operate and Maintain basis.

2015

Acquisition of SV Power and power project commissioning

Acquisition of SV Power Private Limited, a company running a 2.50 MTPA coal washery plant at village Renki, District Korba, Chhattisgarh and a 63 MW coal based thermal power plant at village Renki, District Korba, Chhattisgarh (through Spectrum Coal and Power Limited). Maruti Clean Coal and Power Limited commissioned a 1×300 MW power project in the Korba district, Chhattisgarh.

2016

Power project commissioning and agreements

First unit of 2 x 300MW TPP of TRN Energy Private Limited commissioned. Signing of agreement with BCCL, to establish a 2.5 MTPA coal beneficiation plant at Patherdih, Jharkhand on a Build, Operate and Maintain basis. Receipt of LoI from BCCL for the establishment of a 2.5 MTPA coal beneficiation plant at Bhujodih, West Bengal.

2017

Power project commissioning and environment clearance

Second unit of 2 x 300MW thermal power plant of TRN Energy Private Limited commissioned. Environment Clearance received to establish a 10 MTPA coal beneficiation plant at Basundhara, Odisha on a Build, Operate and Maintain basis.

2018

Coal washery commissioning

1.6 MTPA coal washery at Dahibari, Jharkhand commissioned.

Subsidiaries of ACB (India) Limited

Aryan Energy Private Limited is subsidiary of ACB (India) Limited wherein ACB holds 77.38% equity. Aryan Energy Private Limited was incorporated on February 23, 2001 with the Registrar of Companies, West Bengal, as a private limited company. The registered office of the company is located at 18 Vasant Enclave, Rao Tula Ram Marg, New Delhi, 110 057. The company is in the business of coal beneficiations and has set up three coal beneficiation plants at:- 1. Balanda (in the State of Orissa), 2. Ramakrishnapuram (in the State of Andhra Pradesh) and 3. Gauri (in the State of Maharashtra) The Balanda plant is located at Talcher, District Angul in the State of Orissa. it was commissioned in 2003. The installed capacity of Balanda (AEPL) plant is 2.57 million tons per annum of raw coal. Plant is beneficiating raw coal for Andhra Pradesh Power Generation Corporation and Andhra Pradesh Power Development Company Limited. Ramakrishnapur Plant was installed with a capacity of 1.20 million tons of per annum of raw coal. Ramakrishnapur plant is not in operation as of today. The Gauri plant is located at Village Gauri, Tehsil Rajura, District Chanderpur in the State of Maharashtra. It was commissioned in 2006. The installed capacity of Gauri Plant is 0.99 million tons per annum of raw coal and it was established to cater to the coal beneficiation requirement of Karnataka Power Corporation Limited. Currently the plant is not in operation and AEPL has decided to relocate the assets of this washery to Chhattisgarh.

Aryan Clean Environment Technologies Private Limited (erstwhile known as Aryan Clean Coal Technologies Private Limited) was incorporated on 10th September 2003. The registered office of the Company is located at 18, Vasant Enclave, Rao Tularam Marg, New Delhi-110057. Aryan Clean Environment Technologies Private Limited is a wholly owned subsidiary of ACB (India) Limited. The Company has set up a plant at 86 KM stone, NH-8, Village Salawas, Post Office Sangwari, District Rewari, Haryana for manufacturing of coal washing equipments. The company started its commercial production from this plant on 23rd September 2004. The main products manufactured in this plant are Barrel washers, Conveying Equipments, Thickners, Rotary breakers, Screens.

ACB Mining Private Limited is incorporated under provision of the Companies Act, 2013 as Joint venture Company of Sainik Mining And Allied Services Limited (49%) and ACB (India) Limited (51%) in term a consortium agreement dated 14 November, 2016 for development and operation of Rowghat Iron ore Mining Block of Steel Authority of India LImited (SAIL) in the State of Chhattisgarh. The work for development and operation of Rowghat Iron ore Mining Block has been awarded by SAIL to the Consortium. Subsequently as per the mutual agreement of the parties to the Consortium Agreement, a new Joint Venture Company - ACB Mining Private Limited (ACBMPL) has been incorporated on 30 August, 2017 under the Companies Act, 2013 as a Special Purpose Vehicle (SPV). The mine is under development stage and revenue from operations is still awaited.

ACB (India) Power Limited was incorporated on July 20, 2010 with the RoC. ACBIPL is currently engaged in the business of investment in the power sector. The registered office is located at C-102, L.G.F., Surya Enclave, New Multan Nagar, New Delhi-110056. ACB (India) Power Limited is wholly owned subsidiary of ACB (India) Limited and has following step down subsidiaries:- 1. Aryan MP Power Generation Private Limited 2. Aryan Chhattisgarh Power Generation Private Limited 3. TRN Energy Private Limited 4. SFI Parcel Services Private Limited

Connoisseur Resources Limited BVI was incorporated on November 20, 2006 in the territory of British Virgin Islands as a BVI Business Company under the International Business Companies Act (Cap 291) with the Registrar of Corporate Affairs, BVI to carry on the business of investment in other companies. The registered office is located at Heritage Trust Services (BVI) Limited, PMB#296 PO Box 3169, Ground Floor, Coastal Building, Wickhams Cay II, Road Town, Tortola, British Virgin Islands VG 1110. The company is wholly owned subsidiary of ACB (India) Limited.

Kartikay Coal Washeries Private Limited is subsidiary of ACB (India) Limited wherein ACB holds 69.88% equity. Kartikay Coal Washeries Private Limited was incorporated on April 30, 2002 with the Registrar of Companies as a private limited company. The registered office of the company is located at 18 Vasant Enclave, Rao Tula Ram Marg, New Delhi, 110 057. Kartikay Coal Washeries Private Limited is currently engaged in the business of coal beneficiation. The company has set up a coal beneficiation plant at Wani (in the State of Maharashtra). The installed Capacity of Wani Plant is 2.50 million tons of per annum of raw coal.

Step down Subsidiaries of ACB (India) Limited

Aryan Renewable Energy Private Limited (erstwhile known as Aryan M.P. Power Generation Private Limited) (wholly owned subsidiary) was formed as a Special Purpose Vehicle (SPV) on May 9, 2008 with the objective of setting up 1200MW thermal power plant in the State of Madhya Pradesh. On May 27, 2008, an implementation agreement was signed by ACB (India) Limited with the Government of Madhya Pradesh with regard to establishment of a 1,200 MW coal fired thermal power project in Madhya Pradesh which was transferred in the name of SPV on October 26, 2009. However, due to non-receipt of the relevant approvals and clearances, amongst other things, 1200 MW power project is currently abandoned. The Government of Chhattisgarh has granted permission to established 300MW solar power plant on land acquired for 1200 MW thermal power plant.

Aryan Chhattisgarh Power Generation Private Limited (subsidiary of ACB (India) Limited) was formed as a Special Purpose Vehicle (SPV) on the 9th May 2008 with the objective of setting up 1,200 MW thermal power plant in the State of Chhattisgarh. The registered office is located at 129, Transport Centre 1st Floor, New Rohtak Road, Punjabi Bagh, Delhi-110035. On February 18, 2010, an implementation agreement was signed by ACB (India) Limited with the Government of Chhattisgarh with regard to establishment of a 1,200 MW coal fired thermal power project in Chhattisgarh. However, due to non-receipt of the relevant approvals and clearances, amongst other things, 1200 MW power project is currently kept in abeyance.

TRN Energy Private Limited is a subsidiary of ACB (India) Power Limited. The company was formed on November 17, 2006. On January 15, 2010, an implementation agreement was signed by the company with the Government of Chhattisgarh with regard to the establishment of 600 MW coal fired thermal power project in Chhattisgarh and subsequent to the successful installation, TRN is operating coal based 2x300MW thermal power plant in Dist. Raigarh, Chhattisgarh. TRN has signed long term Power Purchase Agreement with UP Discom for supply of 390MW power. trnenergy.com

SFI Parcel Services Private Limited was incorporated on April 15, 2009 as a private limited company. The company has registered office at WZ-58, Hari Singh Park, New Multan Nagar, New Delhi-110056. SFI Parcel holds 45% equity stake in Maruti Clean Coal and Power Limited which has set up a 300 MW coal based power plant in Bandakhar, Korba, Chhatisgarh. ACB (India) Power Limited holds 100% equity stake in SFI Parcel Services Private Limited.

Associates and Joint Venture

Spectrum Power was incorporated in October, 26 1992 with the RoC, Andhra Pradesh as a limited Company. The registered office of SPGL is located at Fourth Floor, M.C.H No 8-2-293/82/A/241A, SSC-3, Rajala Centre at Road No 36, Jubilee Hills, Hyderabad-500033, Andhra Pradesh. SPGL obtained Certificate of commencement of Business on October, 30 1992 from RoC, Andhra Pradesh. SPGL is engaged in business of generation and transmission of electricity with a dual fuel fired combined cycle power plant using Gas and Naphtha with an installed capacity of 208MW in Kakinada, Andhra Pradesh at a total land admeasuring 814.21 acres in its possession. The Company is one of the First Power Projects offered in private sector under the privatization policy of the Government of India, initiated in 1991. ACBIL directly and indirectly hold 49.85% equity interest in SPGL.

Global Coal was incorporated on June 8, 1998 with the RoC, Delhi and Haryana as a private limited company. The registered office of Global Coal is located at 154, Vasant Enclave, Rao Tula Ram Marg, New Delhi-110057. Global Coal is currently engaged in business of coal beneficiation and power generation through 1.5 MW wind mill plant. Global Coal has two coal beneficiation plants in Orissa and two in Telangana. The worksites are strategically located in close proximity of respective mines and railway siding. The current focus for Operations of GCMPL are mainly in the Indian states of Telangana and Orissa, which jointly account for almost one-third of total coal reserves in India. Aryan Chattisgarh holds 35.61% equity stake in Global Coal. globalcoal.net

MCCPL was incorporated on March 8, 1999 with the RoC, Madhya Pradesh as a private limited company. The registered office of MCCPL is located at Ward No-42, Building No. 14, Civil Lines, Near Income Tax Colony, Raipur, Chhattisgarh-492001. MCCPL is engaged in business of coal washing and power generation. MCCPL has set up a 6.60 MTPA coal washery and coal based thermal power plant with a designed capacity of 300MW in the state of Chhattisgarh. ACBIL holds 45% equity interest in MCCPL through its Step-down Subsidiary SFI Parcel Services Private Limited. mccplpower.com

ACBIL has acquired 26% equity stake in Swastik Power and Mineral Resources Private Limited. Swastik Power and Mineral Resources Private Limited was incorporated on December 14, 2004. The company has set up on 0.90 MTPA coal washery and a 25 MW coal reject based thermal power plant at village Kanberi, Korba, Chhattisgarh. The company is also developing another coal reject based thermal power plant at village Kanberi, Korba, Chhattisgarh with a designed capacity of 25 MW.

CSL was incorporated on August 15, 2005 in the territory of British Virgin Islands under the International Business Companies Act (Cap 291) with Registrar of Corporate Affairs, BVI. The registered office of CSL is situated at Heritage Trust Services (BVI) Limited PMB# 296 PO Box 3169 Ground Floor, Coastal Building, Wickhams Cay II, Road Town Tortola, British Virgin Island VG 1110 with effect from October 30, 2014. CSL was set up as a special purpose vehicle and has made further investments in step down special purpose vehicle named Pinnacle Overseas Assets Limited which is carrying on the business of making investments in the infrastructure especially in power sector.

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