| Nagarjuna
Group |
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Nagarjuna Fertilisers and Chemicals Limited (NFCL)
Nagarjuna Fertilizers and Chemicals Limited (NFCL) is the flagship Company of the
Nagarjuna Group. Its plant in the southern Indian state of Andhra Pradesh, has an installed capacity of 500,000 MT of Urea
and 300,000 MT of Ammonia. An
expansion programme that is underway will see the capacity double by early 1998.
The state-of-the-art gas-based plant in the port town of Kakinada, about 550 Kms east of
capital Hyderabad, has been built in technical collaboration with Snamprogetti, Italy and Haldor
Topsoe, Denmark.
This ISO 9002 company is involved in marketing the full range of farm inputs. Whereas Urea
is manufactured in the company's
plant, pesticides are the products of the Group companies. The Agri Output Division and
Seeds Division help the farmers
enhance productivity.
Nagarjuna Agrichem Limited (NACL)
Nagarjuna Agrichem Limited, set up in Srikakulam district of Andhra Pradesh, manufactures
technicals used in pesticides like
Monocrotophos (MCP), with technology from IICT. Within two years, NAL has achieved 120% capacity utilisation and produces purity levels of
75% as against the norm of 68%. The company is setting up facilities to manufacture Acephate technical and has
plans to widen its product line.
Vijayalakshmi Insecticides & Pesticides Limited (VIPL)
Vijayalakshmi Insecticides & Pesticides Limited, taken over in 1991 by the
Nagarjuna Group, is
one of the few companies which has composite facilities to make all varieties of pesticides formulations at a single
location. The diversification in 1994-95 to manufacture Carbofuran Granules is an exclusive feature
enjoyed by very few companies in India.
Nagarjuna Palma India Limited (NIPL)
Nagajuna Palma India Limited (NIPL), promoted by NFCL as its subsidiary, gives innovative
and specific solutions for a host
of micro irrigation needs and a new direction towards making the Indian farmers globally
competitive. The company has tied up with leading Israeli partners Plassim, Lego, Metzerplas - experts
in the field of micro irrigation. The company is setting up a manufacturing facility at Hyderabad.
Nagarjuna Agricultural Research & Development Institute (NARDI)
Nagarjuna Agricultural Research & Development Institute (NARDI) was established in
1995 as a non-profit organisation with the objective of helping farmers achieve better crop protection and improved yields.
It is working to give the agricultural community better products to increase productivity
and successful training and transfer of technology to the farmers.
Nagarjuna Haifa Limited
Nagarjuna Haifa Limited (NHL) is a joint venture between Nagarjuna Fertilizers and
Chemicals Limited (NFCL) and world
leader in Speciality Fertilizers Haifa Chemicals Limited (HCL) of Israel. NHL will
initially distribute and market HCL products
in India and proposes to manufacture them in the country.
International Ventures :
Nagrjuna International (Vietnam) Limited
Nagarjuna International (Vietnam) Limited is one of the rare 100% wholly owned foreign
companies allowed by the
Government of Vietnam. Located on the outskirts of Ho Chi Minh, it manufactures
premium refined sugar and has a crushing capacity of 3,600 tonnes.
Financial Services Sector
Nagarjuna Finance Limited (NFL)
Nagarjuna Finance Limited (NFL), founded in 1982, offers financial packages, institutional
consumer credit and numerous
financial schemes and is supported by Nagaruna Securities Limited, which caters to
portfolio management and investment
counselling that has benefitted the large shareholder base of the Group.The main focus of Investment Banking Division is to promote first generation entrepreneurs
and has developed expertise in Syndication, Lead Management, and Bought Out Deals.NAGARJUNA SECURITIES LIMITED
Nagarjuna Securities Limited, a subsidiary company of NFL, is a specialist stock broking
company. It is a member of Hyderabad and Bangalore Stock Exchanges, National Stock Exchange and Over The Counter
Exchange of India (OTCEI).
The company is planning to start Primary Market Cell, Portfolio Management Services,
Underwriting and Equity research
based advisory services. It also has plans of establishing branches all over the country
in the next three years.
Nagarjuna Investor Services Limited (NISL)
Nagarjuna Investors Services Limited (NISL) is a SEBI registered Registrar to an Issue
& Share Transfer Agent (Category
I) and handles share transfers and related activites of the Group companies' shareholders.
With 10 service centers all over India, NISL renders personalised services to over one
million investors of the Group.
Energy Sector :
Nagarjuna Power Corporation Limited (NPCL)
The Group has taken a major step into the energy sector which has a high growth potential,
thanks to the liberalised economy.
A 1,000 MW power generation plant has been proposed to be set up at port city of Mangalore
in Karnataka. The plant is expected to go on stream by the turn of the century. In keeping with its
environmental concerns, the plant will have a state-of-the-art pollution control equipment.
Nagarjuna Electric Generating Company Limited (NEGCL)
The group is installing a 20 MW combined cycle power plant at Patancheru near Hyderabad.
The project is envisaged based
on LDO/ HSO/ Naphtha as primary fuel. Power will be sold to customers through Andhra
Pradesh State Electricity Board
(APSEB) grid.
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