ACB (India) Ltd. is an India-based provider of coal beneficiation services focused on washing, processing and removing impurities from coal. The company also entered the power generation business by commissioning over 300 megawatts (“MW”) of capacity which is primarily fueled by “coal rejects,” a term given to lower grade coal which emerges as a by-product of the beneficiation process. ACB’s clients consist of major consumers of coal including power generation and cement companies. The management team is led by ex-Captain Rudra Sen Sindhu, who has deep domain expertise in coal extraction, beneficiation, transportation and mine operation. Warburg Pincus invested in ACB between March 2006 and March 2008.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $65 billion in assets under management, our active portfolio of more than 185 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $77 billion in over 870 companies in more than 40 countries.