Krishak Bharati Cooperative

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Krishak Bharati Co-operative Limited

Type	Cooperative
Founded	4 May 1980 (1980-17-04)
Headquarters	KRIBHCO Bhawan, A-10, Sector-1, NOIDA, Gautam Budh Nagar, U.P, India, 201301 , India
Area served	India
Key people	Dr.Chandra Pal Singh, Chairman V.Sudhakar Chowdary, Vice-Chairman Rajan Chowdhry, Managing Director M.R. Sharma, Operations Director V.S. Sirohi, Marketing Director S.S. Yadav, Director (HR)
Products	Fertilizers
Net income	₹9,325 crore (US$1.3 billion) (2018–19)
Website	www.kribhco.net

Krishak Bharati Cooperative Limited (KRIBHCO) is an Indian cooperative society that manufactures fertilizer, mainly urea.

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

Chandrapal Singh Yadav is the chairman from 1996. 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 1350 MTPD Ammonia plants and 4 x 1100 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. Hazari 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.

In FY 2016–17, KFL produced 9.32 Lakh MT of Urea and 5.48Lakh MT of Ammonia with capacity utilization of 107.8% and 109.2% for Urea and Ammonia respectively.

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, 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. 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). KRIBHCO is also marketing high yield Hybrid seeds of various crops like Bt Cotton. KRIBHCO imports and markets other fertiliser like DAP, NPKs and MOP etc from time to time. 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

References[]

• › an...PDF Annual Report – KRIBHCO "Annual Report 2018-2019" Check |url= value (help). KRIBHCO. Retrieved 3 January 2019.
• "Profile". KRIBHCO. Archived from the original on 23 May 2015. Retrieved 31 October 2018.
• http://www.kribhco.net/project.html
• http://www.kribhco.net/about.html