Nava Bharat Ventures Limited (NBVL), Paloncha, has been awarded a gold trophy in ‘Best CSR Practices’ category of Industry Awards-2021 in recognition of its outstanding contribution during COVID-19 pandemic.
Minister for Industries, IT, Municipal Administration and Urban Development K T Rama Rao presented the award to NBVL Managing Director P Trivikrama Prasad, CEO Ashwin Devineni and vice-president Y Srinivasa Murthy at a ceremony held at ITC Kakatiya in Hyderabad on Monday, according to a press release.
Principal Secretary of the Industries & Commerce and Information Technology Departments Jayesh Ranjan among others were present. The NBVL, Paloncha, also bagged a bronze medal in ‘Best Export Performance’ category.
The company operates in the business verticals of power generation and operation & maintenance services for power plants, mining, Ferro alloys, healthcare services and agri-business with operations spread over India, South East Asia and Africa.
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