Jaypee Group is an infrastructure conglomerate with diverse business interests ranging from Engineering and Construction, Cement, Private Hydropower, Hospitality, Information Technology, and Real Estate Development to Expressways and Highways.
The founder of Jaypee Group is Jaiprakash Gaur, who started as a civil
contractor in 1958. In 1979, Jaiprakash Associates Private Ltd (JAPL)
was formed. In 1980, Jaypee Group entered into Hospitality sector and
set up Hotels Siddharth and Vasant Continental. In 1983, Jaypee Rewa
Cement Plant (JRCL) was established with an initial capacity of 1
million tones. In 1986, Jaiprakash Industries Limited (JIL) was formed
by amalgamating JAPL into JRCL. In 1992, Jaiprakash Hydro Power Ltd
(JHPL) and Jaiprakash Power Venture Ltd. (JPVL) were formed. In 1996,
Jaypee Bela Cement Plant (JBCP) was established with an initial capacity
of 1.9 million tones. In 2000, JRCL and JBCP were merged to form Jaypee
Cement Ltd. (JCL). In 2003, Jaiprakash Associates Ltd. (JAL) was formed
by merging JIL with JCL. In 2005, shares of JHPL were listed on BSE/NSE
and JHPL became the first Hydropower company to be publicly held and
listed in India.
Business Interests of Jaypee Group
Civil Engineering: Jaiprakash Associates Ltd., the flagship
company of the Group, is a pioneer in construction of river valley and
hydropower projects on turnkey basis in India. Jaypee Group has executed
13 Hydropower projects spread over 6 states of India and neighbouring
Bhutan to generate 10,290 MW of power.
Hydropower: Jaypee Group ventured into hydropower in 1992, with
the formation of Jaiprakash Hydro Power Ltd (JHPL) and Jaiprakash Power
Venture Ltd. (JPVL). The group has undertaken following hydroprojects:
Baspa Hydro - Electric Project Stage II (300 MW) on the river Baspa, in
Kinnaur district of Himachal Pardesh; Vishnu Prayag, 400MW project on
the river Alaknanada; and Karcham Wangtoo 1000 MW project.
Cement: Jaypee Group is the 4th largest cement producer in the
country. It produces Ordinary Portland Cement and Pozzolana Portland
Cement under the brand names "Buland" and "Buniyad".
The group has plants at Rewa, and Bela. Jaypee Group is poised to
achieve cement production capacity of 20 MTPA by the year 2009.
Hospitality: Jaypee Group owns and operates four Five Star
Deluxe hotels through a subsidiary company, Jaypee Hotels Limited. These
hotels are: Hotel Siddharth and Hotel Vasant Continental in New Delhi,
Hotel Jaypee Palace Agra, and Jaypee Residency Manor, Mussoorie.
Real Estate Development: Jaypee Group is developing real estate
in Greater Noida. Its property, Jaypee Greens, is spread over an area of
450 acres. It comprises golf resorts, villas, townhouses, penthouses,
condominiums, studio apartments, commercial complexes and shopping
Expressways & Highways: Jaypee Group is constructing the
prestigious 160 km long Expressway with Six lane access that would
connect the historical city of Agra with Greater Noida.
Information Technology: Jaypee Group Company JIL Information
Technology Limited (JILIT) specializes in: Hardware & Networking,
Multimedia Services & Software, and Enterprise Resource Planning.
Thermal Power: Jaypee Group has formed a Joint Venture company
with Madhya Pradesh State Mining Corporation Limited (MPSMCL) to
undertake coal production and sale of coal from coal block/blocks which
might be allotted to MPSMCL. The company is called Madhya Pradesh Jaypee
Minerals Limited. The company has plans to set up 1000 MW Thermal Power
Plant in Madhya Pradesh.
Transmission System: Jaiprakash Hydro-Power Limited has plans to
venture into the development of transmission systems with the Power Grid
Corporation of India Ltd (PGCIL).
Major Achievements of Jaypee Group