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1997


Incorporated as a private limited company.

 

1999

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

 

2001

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

 

2003

Our Company expanded our business to 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

Our Company further expanded our coal beneficiation business 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

Our Company’s 15MW wind power plant 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.

 

Our Company expanded the coal benefiation capacity of the plant at Dipka to 12.00 MTPA.

2006


Our Company received an investment of approximately Rs.2,000 million from Pineridge for a 15.38% stake in our Company.

 

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

Our Company’s pilot power project of 30 MW based on coal beneficiation rejects 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 2x135 MW thermal power project in village Kasaipali, Chhattisgarh.

 

Entered into a PPA with GUVNL for sale of 200 MW of power to GUVNL from its 270 MW thermal power project in Chhattisgarh.

 

2008

We entered into an 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.

 

Our Company commissioned another 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

Our Company acquired 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.

 

Our Company acquired 51% stake in TRN Energy Private Limited, a company proposing to set up a 2x300 MW thermal power plant in district Raigarh, Chhattisgarh.

 

Our Company commissioned a new coal beneficiation plant at Binjhri, Chhattisgarh with an initial capacity of 0.96 MTPA.

 

2010

Our Company executed another implementation agreement with Government of Chhattisgarh for establishing a 1100+20% MW coal fired thermal power project at village Champa, Chhattisgarh.

 

Our Company executed another implementation agreement with Government of Chhattisgarh for establishing a 1x30 MW blended coal based thermal power project in village Chakabura, Chhattisgarh.

 

2011

We commissioned a new coal beneficiation plant at Hemgir Odisha with an initial capacity of 5 MTPA.

Our Company commissioned the first unit of the 2x135 MW power project in the Korba district, Chhattisgarh.

 

2012

Our Company commissioned the second unit of the 2x135 MW power project in the Korba district, Chhattisgarh.

 

SFI Parcel Services Private Limited became our subsidiary pursuant to conversion of certain convertible securities held by our Company through our subsidiary, ACB (India) Power Limited. SFI Parcel Services Private Limited holds 45% equity shareholding in Maruti Clean Coal and Power Limited, a company which has set up a coal beneficiation plant in Chhattisgarh and is setting up a coal based thermal power plant in Chhattisgarh with an installed capacity of 300 MW.

 

2013

Our Company, through ACB (India) Power Limited, increased its equity shareholding in TRN Energy Private Limited from 51% to 74%.

 

Spectrum Coal and Power Limited, our Subsidiary, commissioned its 1x50 MW coal based thermal power plant at Ratija, Korba, Chhattisgarh.

 

Our Company acquired 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 2x25 MW thermal power plant at village Kanberi, Korba, Chhattisgarh.

 

TRN Energy Private Limited has executed a fuel supply agreement with a public sector undertaking for its 2x300 MW power plant at village Bhingara, Raigarh, Chhattisgarh.

 

Maruti Clean Coal and Power Limited has executed a fuel supply agreement with a public sector undertaking for its 300 MW power plant at village Bandakhar, Korba, Chhattisgarh

 

TRN Energy Private Limited has executed a long term power purchase agreement with UP Discoms through PTC India Limited for sale of the 390 MW power on back-to back basis.

 

Maruti Clean Coal and Power Limited has executed a long term power purchase agreement with Rajasthan Discoms through PTC India Limited for sale of the 250 MW power on back-to back basis.

 

Company has executed an agreement with a public sector undertaking and has started the construction work for a 1.6 MTPA coal washery at Dahibari, Jharkhand.

 

2014

Chakabura Power Plant (Phase II) based on coal beneficiation rejects was commissioned at Chakabura, Chhattisgarh.

 

Our Company received a letter of intimation from a public sector undertaking, to establish a 10 MTPA coal beneficiation plant at Basundhara, Odisha on a build, operate and maintain basis.

 

2015

Our Company, through Spectrum Coal and Power Limited, acquired 91.93% equity shareholding in SV Power Private Limited, a company running a 2.50 MTPA coal washery plant at village Renki, District Korba, Chhattisgarh and a 60 MW coal reject based thermal power plant at village Renki, District Korba, Chhattisgarh.

 

Maruti Clean Coal and Power Limited commissioned a 1x300 MW power project in the Korba district, Chhattisgarh.

 

Our Company received a letter of intimation from a public sector undertaking, intimating that our Company has been identified as the lowest bidder for the establishment of a 2.5 MTPA coal beneficiation plant at Patherdih, Jharkhand.
 
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