Krishak Bharati Cooperative

Last updated

Krishak Bharati Co-operative Limited
Company type Central Government
IndustryFertilizer
Founded4 May 1980 (1980-17-04)
Headquarters
KRIBHCO Bhawan, A-10, Sector-1, NOIDA, Gautam Budh Nagar, U.P, India, 201301
,
Area served
India
Key people
Dr.Chandra Pal Singh, Chairman

V.Sudhakar Chowdary, Vice-Chairman
Rajan Chowdhry, Managing Director
Manish Kumar, Finance Director
M.R. Sharma, Operations Director
S.S. Yadav, Director (HR)

V.S.R. Prasad, Marketing Director

Contents

Products Fertilizers
Increase2.svg9,325 crore (US$1.2 billion) (2018–19)
Owner Ministry of Cooperation, Government of India
Website www.kribhco.net

Krishak Bharati Cooperative Limited (KRIBHCO) is a Central government cooperative under the ownership of Ministry of Cooperation, Government of India that manufactures fertilizers, mainly urea.

The society was set up by the Government of India in the year 1980.

Chandrapal Singh Yadav is the chairman from 1999. Shri Rajan Chowdhry is the Managing Director.[ citation needed ] [1]

History

KRIBHCO was incorporated on 17 April 1980 as a national level Multi State Cooperative Society by Government of India to implement first gas based high capacity Fertilizer Complex consisting of 2 x 1890 MTPD Ammonia plants and 4 x 1662.5 MTPD Urea plants each with annual installed capacity of 8.91 Lakh MT Ammonia and 14.52 lakh MT of Urea at Hazira District-Surat, Gujarat, India based on natural gas from Bombay High/ South Bassein. Hazira fertilizer complex was commissioned in 1985 in record time with saving of Rs. 90 crore in project cost.

In an endeavor to make constant improvements, KRIBHCO implemented various schemes to enhance its capacity and improve the energy consumption. Capacities of ammonia & urea plants were reassessed to 2x1520 MTPD Ammonia and 4x 1310 MTPD Urea with annual installed capacity of 10.03 Lakh MT ammonia and 17.29 lakh MT of urea.

The Hazira Fertilizer Complex was subsequently revamped in 2013 to increase its production capacity by 4.65 LMTPA of Urea. After the revamp, the rated capacity has been enhanced to 2x3325 MTPD Urea (21.95 LMTPA) and 2 x 1890 MTPD Ammonia (12.47 LMTPA). With this, the Hazira fertilizer complex has become the largest single location urea plant in India.

KRIBHCO owns a gas based Fertilizer Complex at Shahjahanpur, U.P. strategically located in North India, in high urea consumption belt. The fertilizer complex consists of 1520 MPTD Ammonia Plant (annual capacity of 5.02 Lakh MT) and 2620 MTPD Urea Plant (annual capacity of 8.64 Lakh MT). The Fertilizer Plant is and based on Natural Gas as feedstock supplied through the Hazira-Vijaypur-Jagdishpur ("HVJ") gas pipeline. Kribhco Shahjahanpur plant is the latest Greenfield urea plant in India.


Expansion & Diversifications

KRIBHCO has also made realignment in its corporate strategy and internal operations revamping to meet the challenges in the liberalized/globalized economy. As a part of above initiative, KRIBHCO entered into overseas Joint Ventures, diversification into Power Sector, Logistics Business, Agribusiness, Green Energy etc

In 2005, KRIBHCO’s Joint Venture project with Oman Oil Company came on stream in Sultanate of Oman. KRIBHCO holds 25% equity in OMIFCO.

Kribhco Fertilizer Limited (formerly Kribhco Shyam Fertilizer Ltd) is a 100% subsidiary of KRIBHCO. KRIBHCO has diversified into power sector by investing in Gujarat State Energy Generation (GSEG). KRIBHCO had incorporated Kribhco Infrastructure Limited(KRIL)which is into logistics business, in which it now owns 26% stake . KRIBHCO holds 2.34% equity in Nagarjuna Oil Refinery Limited and 1.84% in Nagarjuna Fertilizers and Chemicals Ltd. KRIBHCO holds 5% equity in Indian Commodity Exchange (ICEX)New products and marketing initiatives. Recently It has diversified into Agribusiness and Green energy by establishing two wholly owned Subsidiaries.

KRIBHCO has been promoting the use of bio-fertilisers since many years. The society has three units to manufacture bio-fertilisers at Hazira (Gujarat), Varanasi (Uttar Pradesh) and Lanjha (Maharashtra). The Society markets one of its Kind Liquid Bio Fertilisers which are consortia of different microbes. KRIBHCO is also marketing high yielding Hybrid seeds of various crops like Bt Cotton. KRIBHCO imports and markets other fertilizers like DAP, NPKs, MAP, MOP etc from time to time. It also markets speciality nutrients like Zinc Sulphate, Potash Derived from Molasses etc. Organic Agriculture has emerged as a feasible option to address concerns relating to land degradations. KRIBHCO regularly undertakes marketing of compost made from city waste.

Urea plants

1. Hazira plant

2. Shahjahanpur plant

Biofertilizer plants

1. Hazira (Gujarat)

2. Lanja Ratnagiri (Maharashtra)

3. Varanasi (Uttar pradesh)

Subsidiaries

1. Kribhco Fertilizer Limited (KFL)

2. Kribhco Infrastructure Limited (KRIL)

3. Oman India Fertiliser Company (OMIFCO)

4. Gramin Vikas Trust (GVT)

5. Gujarat State Energy Generation Limited (GSEG)

6. Private jetty

7. Kribhco Agribusiness Private Limited

8. KRIBHCO Green Energy Private Limited

Related Research Articles

<span class="mw-page-title-main">Fertilisers and Chemicals Travancore</span>

The Fertilisers and Chemicals Travancore Limited, abbreviated as FACT, is an Indian central public sector undertaking headquartered in Kochi, Kerala. It was incorporated in 1943, by Maharajah Sree Chithira Thirunal Balarama Varma of the Kingdom of Travancore. It is the first fertiliser manufacturing company in independent India and also the largest Central Public Sector Undertaking (CPSU) in Kerala. The company is under the ownership of Government of India and administrative control of the Ministry of Chemicals and Fertilizers.

<span class="mw-page-title-main">Hazira</span> Hazira Town in Gujarat, India

Hazira is a suburb and a transshipment port in the Surat City in the Gujarat state of India. It is the west most end of Surat.

<span class="mw-page-title-main">National Fertilizers</span> Indian central public sector undertaking

National Fertilizers Limited (NFL) is an Indian central public sector undertaking and the largest government-owned-Urea fertilizer-producer in India as of 2022. It is a Miniratna (Cat-1) company, with the Government of India owning a majority stake.

<span class="mw-page-title-main">Indian Farmers Fertiliser Cooperative</span> Indian multi-state cooperative society

Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, is a multi-state cooperative society engaged in the manufacture and marketing of fertilizers. IFFCO is headquartered in New Delhi, India. Started in 1967 with 57 member cooperatives, it is today the biggest co-operative in the world by turnover on GDP per capita, with around 35,000 member cooperatives reaching over 50 million Indian farmers.

<span class="mw-page-title-main">Tata Chemicals</span> Indian company

Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection and specialty chemistry products. The company is headquartered in Mumbai and has operations across India, Europe, North America and Africa. Tata Chemicals is a part of the Tata Group and its shares are traded on the NSE and BSE. Tata Chemicals has a publicly listed subsidiary called Rallis India.

<span class="mw-page-title-main">Mangalore Chemicals & Fertilizers</span>

Mangalore Chemicals & Fertilizers Limited is the largest manufacturer of chemical fertilizers in the state of Karnataka, India. The company is part of the Adventz Group. The company's corporate and registered office is at UB City, Bangalore and its factory unit is in Panambur, north of Mangalore.

Gujarat State Fertilizers & Chemicals Limited (GSFC) is an Indian chemicals and fertilizers manufacturer, owned by the Government of Gujarat. GSFC was founded in 1962 and has its headquarters in Vadodara on the Ahmedabad Vadodara Expressway. As of fiscal year 2021–22, fertilizers such as diammonium phosphate, ammonium sulfate and urea generated over 60% of the company's revenue, while industrial products including caprolactam, nylon 6, melamine and MEK oxime contributed the remaining share.

<span class="mw-page-title-main">GAIL</span> Central Public Sector Undertaking

GAIL (India) Limited is a central public sector undertaking. It has the following business segments: natural gas, liquified natural gas, liquid hydrocarbon, liquefied petroleum gas transmission, petrochemicals, city gas distribution, renewable energy including solar & wind, exploration and production, GAILTEL and electricity generation. GAIL was given the Maharatna status on the 1 February 2013 by the Indian Government, a status which 11 other Public Sector Undertakings (PSUs) have.

<span class="mw-page-title-main">Sirte Oil Company</span>

Sirte Oil Company (SOC) is an oil and gas company in Libya operating under the state-owned National Oil Corporation (NOC). The company is located in Brega SOC’s operations include oil and gas exploration and production (E&P) and manufacturing.

<span class="mw-page-title-main">Fauji Fertilizer Company</span> Fertilizer company of Pakistan

Fauji Fertilizer Company Limited (FFC) is a Pakistani chemical company which produces chemical fertilizer. It was established by the Fauji Foundation which holds a controlling interest. FFC produces or markets various fertilizers which include urea, DAP, SOP, MOP, Boron and Zinc.

Heavy Water Board (HWB) is a constituent unit under the Department of Atomic Energy in the Government of India. The organisation is primarily responsible for production of heavy water (D2O) which is used as a moderator and coolant in nuclear power as well as research reactors. Other than heavy water, the HWB is also engaged with production of nuclear grade solvents and extraction of rare materials. India is one of the largest manufacturers of heavy water in the world. Similarly, India has one of the world's largest fleets of pressurized heavy water reactors producing most of India's nuclear power supply.

<span class="mw-page-title-main">Essar Energy</span> Indian Energy Company

Essar Energy plc is Mauritius-based Indian energy company with assets in the power and oil and gas businesses. Headquartered in Port Louis, Mauritius and subsidiary of Essar Group, the firm has interests in both the power generation and petroleum industries. In May 2014 the company was acquired by its majority shareholder, Essar Global Fund Limited.

<span class="mw-page-title-main">Rashtriya Chemicals & Fertilizers</span> Indian central public sector undertaking

Rashtriya Chemicals & Fertilizers Ltd. (RCF) is an Indian central public sector undertaking which produces chemical and fertilizers and is based in Mumbai. It is under the ownership of Government of India and administrative control of Ministry of Chemicals and Fertilizers. RCF is fourth largest government owned-fertilizer-producer in India.

GSEG Combined Cycle Power plant, Hazira is a gas based combined cycle power plant located at Hazira, Gujarat, in India.

Urvarak Nagar Barauni, popularly known as HURL, Barauni is an Fertilizer plant and township in Barauni, District Begusarai in the Indian state of Bihar. Barauni Fertiliser Plant of Hindustan Fertilizers Corporation Limited (HFCL) is located here in 480 acres.

Fertilizer Corporation of India Limited (FCIL) is a public sector undertaking in India under the ownership of Ministry of Chemicals and Fertilizers, Government of India.

<span class="mw-page-title-main">Banas Dairy</span> Dairy in Palanpur, Gujarat, India

Banas Dairy is a division of Gujarat Cooperative Milk Marketing Federation which is under the ownership of Ministry of Cooperation, Government of Gujarat based in the Banaskantha district of Gujarat, India and is Asia's largest milk producer. It was founded in 1969, in accordance with the 1961 rule of the National Dairy Development Board under Operation Flood. Galbabhai Nanjibhai Patel played an important role in the foundation of the dairy. It is headquartered at Palanpur.

Assam Petro-Chemicals Limited is a semi-governmental Indian company with major stakes held by Government of Assam, Oil India Limited and Assam Industrial Development Corporation (AIDC). The company was incorporated in 1971 and by 1976 had started production at their small methanol plant located at Namrup along with formaldehyde and a few urea-formaldehyde resins like urea-formaldehyde glue and urea-formaldehyde moulding powder. Post expansion in 1989 and 1998, the company expanded the methanol plant to the capacity of 100TPD and formaldehyde plant to 100TPD. The company announced in September 2017 that it would invest 1,337 crore (US$170 million) and expand to produce 500TPD methanol and 200TPD formalin and become the largest producer of methanol in India. The required feedstock for these plants are natural gas, urea and carbon dioxide. Natural gas, supplied by Oil India Ltd, is used as feedstock for methanol production. Urea and carbon dioxide are supplied by BVFCL Fertilizer Plant.

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) is an Indian manufacturer of industrial and agricultural chemicals, crop nutrients, and fertilizers.

<span class="mw-page-title-main">Brunei Fertilizer Industries</span> Fertilizer company in Brunei

The Brunei Fertilizer Industries (BFI) is a government owned company and producer of ammonia and urea granular fertilizer, located in Sungai Liang Industrial Park (SPARK), Belait District, Brunei. It is claimed to be one of the largest fertilizer facilities in Southeast Asia, and has a production capacity of 1,365,000 tonnes of urea annually. The facility for BFI started being built in May 2018 and 500 jobs was expected be created when the plant is fully operating.

References

  1. "Kribhco board finalizes SRCC graduate Rajan Chowdhry as MD". 31 December 2019.