Krishak Bharati Cooperative Limited (KRIBHCO)


KRIBHCO was incorporated as a Multi State Cooperative Society on 17.04.1980 to implement the Ammonia/Urea fertilizer project at Hazira, based on natural gas from Bombay High/South Bassein. The Society commissioned its Ammonia/Urea Plant in 1985.

The Hazira complex has two streams of Ammonia plants and four streams of Urea plants. The annual capacity of Urea Plants is 17.29 lakh MT. The revamp of the plant is in advanced stage of implementation. Post revamp the Urea and Ammonia production capacity will increase to 21.95 lakh MT and 12.47 lakh MT respectively.

KRIBHCO has also installed a Bio-fertilizer unit at Hazira in 1995. The capacity of this Unit was enhanced from 100 MTPA to 250 MTPA in 1998. Two more Bio-fertilizer units of 150 MTPA capacity each have also been installed one at Varanasi, U.P in September 2003 and another one in Lanja, Maharashtra in March 2004.

As on 31.03.2010 the authorized share capital of the Society is500 crore and the paid up share capital is390.67 crore which includes188.90 crore held by Government of India and remaining201.77 crore held by Cooperative Societies. The total membership as on 31.03.2010 was 6546.

Physical Performance

PRODUCTION - KRIBHCO Unit 2010-11 (upto Dec.10) 2009-10 2008-09
Ammonia Lakh MT 8.90 11.10 10.85
Urea Lakh MT 14.15 17.80 17.43
Bio-Fertilizer MT 804 953 865
Ammonia Lakh MT 10.03 10.03 10.03
Urea Lakh MT 17.29 17.29 17.29
Bio-Fertilizer MT 550 550 550
Ammonia % 118.24 110.65 108.11
Urea % 109.14 102.94 100.83
Bio-Fertilizer % 195.00 173.25 157.3
Ammonia Gcal/MT 8.301 8.276 8.208
Urea Gcal/MT 5.955 5.932 5.933

Financial Performance

PARTICULARS Unit 2010-11 (Upto Dec.’10) 2009-10 2008-09
TURNOVER/OPERATING INCOME Rs. Crore 2596.14 2597.08 2559.12
Profit-(PBDIT) Rs. Crore 200.31 288.57 307.25
DEPRICIATION Rs. Crore 22.42 30.62 27.53
INTEREST Rs. Crore 14.08 5.18 10.38
Profit-(PBT) Rs. Crore 163.81 252.77 269.34
TAX Rs. Crore 39.18 24.60 19.21
PROFIT AFTER TAX Rs. Crore 124.63 228.17 250.13
SHARE CAPITAL Rs. Crore 390.28 390.67 390.67
RESERVES & SURPLUS Rs. Crore 2469.88 2306.46 2158.68
NET WORTH Rs. Crore 2860.16 2697.13 2549.42

Joint Ventures

1. Joint Venture Oman India Fertilizer Company, Oman (OMIFCO):

KRIBHCO, IFFCO and Oman Oil Company with a share holding of 25%, 25% and 50% respectively have collaborated and set up a world-class fertilizer plant at Sur in Oman. The annual capacity of the fertilizer complex is 16.52 lakh MT of granular Urea and 11.9 lakh MT of Ammonia.

  • The Urea produced in OMIFCO is being purchased by Govt. of India and half of the produce is being marketed by KRIBHCO. In addition, plant produces 2.5 lakh MT of surplus Ammonia per year, which is to be brought to India.
  • During the financial year April ‘09 to March ’10 OMIFCO has produced 20.30 Lakh MT of Granular Urea.
  • During the financial year 2010-11 upto November 2010, OMIFCO has produced 14.11 Lakh MT of Granular Urea.

2. KRIBHCO Shyam Fertilizers Limited (KSFL):

KRIBHCO Shyam Fertilizers Limited (KSFL) has acquired Ammonia –Urea Fertilizer Complex of M/s. Oswal Chemicals and Fertilizers Ltd. at Shahjahanpur, U.P, consisting of a single stream Ammonia plant of annual capacity 5.02 Lakh MT and two streams of Urea plant with a combined annual capacity of 8.64 Lakh MT.

  • KRIBHCO holds 85% of the equity, management control and the entire marketing rights of Urea and other products of the company.
  • During the financial year 2009-10 KSFL achieved highest ever production of 9.73 lakh MT of Urea (113 % capacity utilization) and 5.72 Lakh MT of Ammonia (114 % capacity utilization).
  • During the financial year 2010-11 upto November’10, KSFL has produced 6.95 lakh MT of Urea (121 % capacity utilization) and 4.07 Lakh MT of Ammonia (122 % capacity utilization).

Equity Participation

1. Gujarat State Energy Generation Limited (GSEG):

Gujarat State Energy Generation Limited (GSEG) is a joint venture with Gujarat State Petroleum Corporation Ltd (GSPC), other Government of Gujarat Companies, KRIBHCO and GAIL(India) Ltd. KRIBHCO has so far made equity contribution of80.68 crore (27.48%). Further equity contribution of 26.36 crore is likely to be made shortly.

GSEG is operating a 156 MW Combined Cycle Power Plant based on Natural Gas at Mora, Distt. Surat, Gujarat.

During the financial year 2009-10, Plant has achieved an overall Plant Load factor (PLF) of 81.3%

GSEG is implementing Combined Cycle Gas Based Expansion Project of capacity 350 MW at its existing Site at an estimated cost of 1160 crore. Erection work is in progress and the Project is likely to be completed in January 2011.

GSEG has provisional post tax profit of Rs.9.72 Crore during the 2009-10 and has declared a dividend of 3 % on the share capital.

2. Nagarjuna Fertilizers & Chemicals Limited (NFCL):

Society has an equity participation of ‘Rs.10.00 crore in NFCL, which is 2.15% of NFCL’s paid-up share capital of 465.16 crore.

3. Indian Commodity Exchange Ltd. (ICEX)

KRIBHCO has entered into Investor Share Subscription Agreement with IBFSL, MMTC and ICEX on 19.09.2009 for acquiring 5% equity stake at par in the above company. Accordingly, KRIBHCO has contributed Rs.5.00 crore as equity in ICEX. The upcoming exchange is a national level multi commodity exchange and has started its operation since 27.11.2009.

Project under implementation/consideration

1. Revamp of Ammonia and Urea Plant:

Society is undertaking Revamp of its existing plant to augment its annual capacity of Urea Plant from 17.19 lakh MT to 21.95 lakh MT and of Ammonia Plants from 10.03 lakh MT to 12.47 lakh MT. Zero date for the project has been declared on 27th January 2010. The completion period of the project is 32 months with an estimated project cost of 1301 Crore.

Basic Engineering Job for both ammonia and urea has been completed. The Detail Engineering work and procurement services are under progress. Procurement of major equipments have been completed and orders for all long lead items have been placed, ITBs are being issued for procurement of Pipings and Fittings items as per MTO-2. Procurement deliveries have started arriving at site.

The mechanical erection work is also in progress and orders for electrical and instrumentation erection contract has been placed, the contractors for both would also mobilize soon.

2. KRIBHCO Infrastructure Limited (KRIL):

KRIBHCO has incorporated KRIBHCO Infrastructure Limited (KRIL), a 100% subsidy of KRIBHCO, with authorized share capital of 500 crore for operating Container trains and undertaking Infrastructure Projects. KRIL has commenced Container trains operation w.e.f. December 2009. KRIL is presently having six Container rakes. KRIL is in an advanced stage of setting up Inland Container Depots (ICDs) at Rewari, Modinagar, Hindaun City and Shahjahanpur.

3. Revival of Jetty Terminal, Hazira:

Society has revived its own Jetty Terminal at Hazira. KRIBHCO would handle OMIFCO Urea and other fertilizers and gainfully utilize the rail/ road connectivity for evacuation to the rest of the country. A transit go-down of capacity 15000MT has also been build. The evacuation potential from the jetty is about 7000MT per day.

Corporate Social Responsibility

Agriculture income is the main strength of farmers. A large number of them are members of our member cooperatives. KRIBHCO with its large dedicated team of agriculture professionals continued its significant contribution along with other serious players in latest farm technology transfer and other rural welfare schemes for improving the profitability of farming community.

During 2009-10 , KRIBHCO organized more than 2786 programmes for our farming community such as farmers meetings, kisan melas, field demonstrations, field days, cooperative conferences, group discussion, special campaign etc. benefiting 12.72 lakh farmers and cooperatives across the country. To back up the Agriculture Technology transfer, the Society also made available 6.05 lakh technical folders on various crops to the farmers and cooperatives.

KRIBHCO Krishi Pramarsh Kendra, a high-tech centre at KRIBHCO Bhawan, NOIDA continued free consultancy to farm-related problems. The centre also propagated efficient and balanced use of fertilizer by testing 4240 soil samples collected scientifically for micro-nutrients and 1248 samples for macro-nutrients & irrigation water from 15 states free of cost. Results along with recommendations were forwarded through electronic medium to farmers at their doorsteps, apart from using KRIBHCO website for display of results. Pramarsh Kendra also provided latest information on weather, like rainfall, temperature, relative humidity, monsoon movement etc. for use in planning farm operations and mid-term corrections in the event of crop failure generally through kisan helplines.

All State Director of Agriculture were informed about educational programmes conducted and soil samples tested from their states along with district-wise deficiency noticed in various soil samples. KRIBHCO also joined hands with ICAR, State Agriculture Universities, State Cooperative Federations for free soil testing and technology transfer which was thankfully acknowledged and appreciated at all platforms.

As a step towards modernization, KRIBHCO continued to promote Information Communication Technology (ICT) through KRIBHCO Kisan helpline using e-mail, phone, computer and KRIBHCO website for informing farmers about latest farm technology alongside with traditional tools. Information on monthly farm operations are also made available on website.

Strengthening cooperatives and rural development always remained a top priority for KRIBHCO. In this direction 38 cooperative societies were adopted, 22525 cooperative managers were trained through 209 cooperative conferences and workshops and 30 study visits, wherein they were educated about the use of Society’s product for improving farm productivity and also enhanced our corporate image. The society also organized 41 health campaigns for livestock and humans, promoted 6 water facilities including micro-irrigation systems for crops in rain-fed areas and rural sports for integrated rural development. A group of Representative General Body(RGB) Members from Uttrakhand, Haryana, Karnataka, MP., Punjab, Rajasthan, Tamil Nadu, Maharashtra & Kerala, visited Hazira plant to apprise themselves of the steps taken to maintain the quality of the product. Storage-cum-community centre scheme started on Golden Jubilee celebration of India still continuing with 146 centres sanctioned and 131 are completed and being used fully.

During the financial year 2010-11, KRIBHCO continued its services to farmers & cooperative. A total 1667 of programmes so far have been organized upto November 2010 which mainly include Farmers meetings, Cooperative conference, Health campaigns for human and animals, Technical wall paintings, Technical literature Printing & distribution and soil testing campaign, directly benefiting 2.20 lakh farmers. Besides this 4.36 lakh technical crop folders were distributed and 5004 Soil samples were tested for pH, Electric conductivity, macro and micro-nutrients from 104 districts of 13 states. KRIBHCO Kisan helpline was used by 277 farmers for solving their farm related problems.

Seed Multiplication Programme

KRIBHCO also initiated Seed Production Programme in 1990-91 to provide quality/ certified seeds of main crops to the farmers which has had a very encouraging response from farmers and cooperative societies. The seeds are made available to the farmers through KBSKs, Cooperative Societies and State Cooperative Federations in different states. The Society stepped up production of seeds from 2928 quintals in 1991-92 to 2.29 Lakh quintals of Seeds in 2009-10. This is the highest ever production of seeds so far.

  • During the financial year 2009-10, the Society has produced 2.29 thousand quintals and sold 2.22 lakh quintals of seeds which is highest since inception.
  • During the financial year 2010-11 upto November’10, Society has already produced 2.35 lakh quintals and sold 2.32 lakh quintals.

Public/Staff Grievance Redressal Machinery

A Public Grievance Redressal Machinery is in operation in KRIBHCO. Grievance/ Complaint Box is kept at the reception of office for convenient registration of complaints by member of the public. DGM(HR), Corporate Office is designated as Grievance Officer to attend any public grievance/ complaint. A quarterly progress report of redressal of Public Grievance is being sent to Dept. of Fertilizers, Government of India.

Employment of SC/ST, Ex-Servicemen, Physically handicapped & Other Backward classes Persons (As on 30.11.2010)

The guidelines regarding reservation in Recruitment and Promotion for SC, ST, OBC, Ex-Servicemen and Physically Handicapped Persons (PHP) are followed.

Out of total strength of 2048, there are 92SCs, 47 STs, 263 OBCs, 14 Ex-Servicemen and 8 PHPs on the rolls of the Company.

Gramin Vikas Trust

Krishak Bharati Cooperative Ltd (KRIBHCO) has promoted Gramin Vikas Trust (GVT) as a non-profit, rural development trust. GVT as an independent legal entity is acting as a catalyst to enable the socially and economically disadvantaged rural and tribal communities to improve their livelihoods on sustainable basis. The prime focus of GVT is to empower the local and traditional people especially those in resource poor and Rainfed areas, through participatory approach. The Trust is operating in 7 states namely Madhya Pradesh, Rajasthan, Gujarat in the Western India and Orissa, Jharkhand, Chhattisgarh and West Bengal in the Eastern India through well established offices and team. It has also undertaken short term assignments like studies, evaluation work etc. in the state of Haryana, Maharastra, Uttarakhand and Bihar.

GVT has been a pioneer in the field of collaborative research in agriculture with academic institutions and communities as partners. GVT and its projects have developed close links with Govt. of India, State Governments, NGOs, Research Institutions and international organizations for better dissemination of research outcomes and appropriate technology, which have potential value for the rural development. Partnerships are ongoing with EU and Centre for Arid Zone Studies (CAZS), Bangor University, U.K.

GVT through its watershed projects has brought nearly 70000 hectares area for treatment and covered nearly 200000 Households in the targeted areas. Over the past decade participatory and more clientoriented approaches (through the concept of Participatory Varietal Selection- (PVS) and Participatory Plant Breeding (PPB) of GVT have produced officially released and recommended varieties that are highly adapted to the needs of farmers in marginal areas. The varieties have greater drought tolerance; higher and more stable yields; and other traits that are important to farmers such as early maturity, high grain quality, and high fodder yields. Because the varieties substantially improve their livelihoods, farmers enthusiastically adopt these highly adapted varieties (HAVs) and spread the seed of them to other farmers.

GVT has been piloting 5 agricultural innovation projects in its operating states in consortium mode either as lead agency or as a partner organization funded under NAIP. GVT is in the process of establishing 14 Homestead Farming projects (WADI) through funding by NABARD to address sustainable livelihood of marginal farmers by generating supplement income through horticulture, improved agriculture and vegetable growing in home gardens. In the area of skill development, GVT has made appreciable progress by providing skill up-gradation training to tribal migrants in order to up-grade their existing capacity, which will provide them, increased earnings. GVT has been awarded a Training project along with a Vocational Training Centre at Dahod, Gujarat by Government of Gujarat to train 5060 Tribal youth in construction industry related trades in 10 years period and to ensure their placement.

GVT has developed strategic institutional partnerships with IRMA Anand, NIRD Hyderabad, WALMI Bhopal, ICRISAT, CAZS UK, TERI etc. MLSP is being replicated by NGOs in different parts of the country. GVT extensively worked in the HIV/AIDS prone area with a purpose of reducing STI infection among FSWs and enabling them to opt for safe sexual behaviour.

GVT, due to its vast experience in rural development activities, is being associated by Corporate like IOC, NTPC, ITC, CFCL etc. to outsource their CSR activities. GVT has undertaken a project under Public- Private-Community Partnership Model in Rajasthan where Govt. of Rajasthan, CFCL and GVT would implement a project of constructing 715 toilets at individual House Holds in 22 villages and to develop a cadre of Mason trained on construction of improved toilet through 5 days Training. A total of 715 families have been covered under this project.

GVT has started a fully equipped and residential National Livelihood Resource Institute at Ratlam (M.P.) to provide quality inputs on the sustainable livelihood programmes through its various courses on Participatory watershed development and management; Participatory technology development addressing varied farming systems in arid and semi-arid regions; developing community based organizations to manage micro-finance and micro-enterprises on commercially viable scale, Capacity development of PRI’s and other institutions to augment both rural non-farm and farm based livelihoods.

GVT is running a Krishi Vigyan Kendra (KVK) at Godda, Jharkhand funded by ICAR. It has facilities for assessment, refinement and demonstration of agricultural technologies for promotion of various farming systems available in operational area. It has also training facilities on quality seed production of different cereal, leguminous, oilseeds, horticultural crops and promotion of the seed village programme. KVK is also well equipped to provide training on production of bioagents, biofertilizers, biopesticide and other organic manures for promotion of organic farming.