Gujarat State Energy Generation Limited (GSEG)
KRIBHCO has invested in Gujarat State Energy Generation Limited (GSEG). It is a joint venture between Gujarat State Petroleum Corporation Ltd. (GSPC), KRIBHCO, GAIL (India) Ltd and other Government of Gujarat Companies. In addition, SBI and IFCI are strategic partners.
GSEG is operating a 156 MW Combined Cycle Power Plant based on Natural Gas at Mora, District Surat, Gujarat.
Nagarjuna Oil Refinery Ltd (NORL)
The Society holds an equity investment of 476.19 Lakh, which is 2.34% of NORL’s paid up share capital. The equity shares of the company are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company holds 46.78% of paid up equity capital in Nagarjuna Oil Corporation Ltd. (NOCL).
Nagarjuna Fertilizers and Chemicals Ltd (NFCL)
The Society holds equity capital of 523.81 Lakh in NFCL which is 1.84% of paid up share capital of NFCL. During the Financial Year 2018-19, NFCL produced 5.84 Lakh MT of Urea and sold 6.37 Lakh MT of Urea. Total Urea sales during the year for both manufactured and imported urea was 8.85 Lakh MT
Indian Commodity Exchange (ICEX)
The Society holds 2.51% equity (Rs. 8.40 Crore)in the Indian Commodity Exchange (ICEX). ICEX was incorporated as a wholly owned subsidiary of Indiabulls Housing Finance Limited on August 18,2008. Indian Commodity Exchange Limited (ICEX) is a SEBI regulated online Commodity Derivative Exchange, headquartered at Mumbai. The exchange provides nationwide trading platform through its appointed brokers.
The exchange has launched its world’s first ever Diamond derivative contracts. ICEX aims to provide futures trading products in India’s all economically relevant commodity. At present it offers futures contract in Diamond. Providing desired price risk hedging solution to the trade through innovative contract designing forms core value of ICEX.