Baba Swami Vyapar

Gujarat NRE Coke Ltd (GNCL), the flagship company of Gujarat NRE group is the largest independent producer of met coke in India with an installed capacity of 1.43 MTPA. Identified as the 4th best performing stock in 1st decade of this millennium, GNCL has also been ranked 7th by Business Today in 10 year profit growth (BT 500 ranking).

Gujarat NRE is the only Indian company with coking coal mines in Australia having around 652 million tons of Coking Coal resource with excellent coking properties. The coal mines are owned through its subsidiary — Gujarat NRE Coking Coal Limited, listed on the ASX. The hard coking coal production is being increased from current level of 2 MTPA to 6 MTPA by 2015 making it one of the top 10 hard coking coal producers in the world.

The group is also the largest petroleum exploration block owner amongst the Indian companies in Australia. Gujarat NRE Coke Ltd, through forward integration has also forayed into steel making and power generation through the renewable energy route. The company has 87.5 MW wind power energy and has also set up a mini steel mill in Gujarat to recycle steel scraps using green wind energy to manufacture TMT Bars. The company is currently setting up 60 MW power plants out of the waste heat emanating from the coke making process, while over next few years’ targets to increase metallurgical coke making capacity to 4 MTPA along with 240 MW of waste heat based power plants.

The Group has eminent independent professional directors and is headed by Mr Arun Kumar Jagatramka, a qualified Chartered Accountant with an all India 1st rank and gold medal. The group is all set to emerge as a global resource entity with core focus on coking coal and coke.