Jaiprakash Associates Ltd. (JAL), the flagship company of the Jaypee Group, was incorporated in 1996. In 2003 JAL was formed due to merger of Jaiprakash Industries (JIL) and Jaiprakash Cement (JCL).
JAL is the engineering and construction arm of the Jaypee group focused on development of river valley and hydro electric projects and a leader in construction of river valley and hydropower projects on turnkey basis for more than four decades. Shri. Jaiprakash Gaur, the founding father of Jaiprakash Associates Limited, after acquiring a Diploma in civil engineering in 1950 from the University of Roorkee, had a stint with government of UP and with steadfast determination to contribute in nation building, branched off on his own, to start as a civil contractor in 1958.
The company is currently executing various projects in hydropower / irrigation / other infrastructure fields and has had the distinction of executing simultaneously 13 hydropower projects spread over six states and the neighbouring country Bhutan for generating 10,290 MW of power. The Jaypee Group undertakes projects involving:-
- Large quantities of rock excavation (both surface and underground)
- Controlled earth/rock fill
- Concrete manufacture and placement (including chilling)
- Fabrication and erection of penstock liners
- Hydro-mechanical equipment procurement and erection
- Steel Structures
- Expressway Construction
- Real Estate Development
The projects that have been commissioned or in the advance stages of completion have been undertaken by it either as a successful EPC contractor or as a Non EPC contractor.
Transforming challenges into opportunities has been the hallmark of the Jaypee Group, ever since its inception four decades ago. The group is a diversified infrastructure conglomerate and has a formidable presence in Engineering & Construction along with interests in the power, cement and hospitality. The infrastructure conglomerate has also expanded into real estate & expressways.
The group has been assigned “CR1” grade by ICRA Ltd indicating very “Strong Contract Execution Capacity with best prospects of timely completion of projects without cost overruns etc. for projects with average value of Rs.2500 crores.” It is the only group in India, which pre-qualifies on its own for the bidding of various projects that are awarded in the country.
The group also has secured three BOT contracts in the private hydropower generation sector after the opening up of the doors by the Government of India in 1991 for private sector power generation companies.
The Group is a pioneer in the development of India’s first golf centric real estate. Jaypee Greens -- a world class fully integrated complex consists of an 18 hole Greg Norman Golf Course. Stretching over 450 acres, it also includes residences, commercial spaces, corporate park, entertainment and nature in abundance.
The Group has hosted India’s first ever Formula OneTM Grand Prix on 30th October, 2011. In addition to F1, the track is also expected to host other top-level international motorsports events.
Business area of the company:
Jaiprakash Associates- The engineering and construction wing of the Group is an acknowledged leader in the construction of multi-purpose river valley and hydropower projects. It has had the unique distinction of executing simultaneously 13 hydropower projects spread over 6 states and the neighboring country Bhutan for generating 10,290 MW of power.
The company also has the distinction of executing three out of five hydropower projects contracted on an EPC basis in the country till March 2007. Two of these, 300 MW Chamera - II and 520 MW Omkareshwar, have been completed ahead of schedule.
The 900 MW Baglihar (Stage-I and II) hydroelectric project in Jammu & Kashmir, in the challenging environment of the State with 22 million cubic meters of concrete, has been the largest EPC project executed in the country in hydropower sector, so far.
The group has various working divisions:
- Civil Engineering
- Private HydroPower
- Cement
- Hospitalitty
- Integrated Towenship
- Information Technology
- Expressway
Other group companies:
- Jaypee Hotels Limited (JHL)
- Jaiprakash Hydro-Power Limited (JHPL)
- Jaiprakash Power Ventures Limited (JPVL)
- Jaypee Karcham Hydro Corporation Limited (JKHCL)
- Jaypee Cement Limited (JCL)
- Jaypee Power Grid Ltd.(JPL)
- Gujarat Anjan Cement Limited (GACL)
- Jaypee Infratech Limited (JIL)
- Jaypee Ganga Infrastructure Corporation Limited (JGICL)
- JPSK Sports Private Limited (JPSKSPL)
- Gujarat Jaypee Cement & Infrastructure Limited (GJCIL)
- Bhilai Jaypee Cement Limited (BJCL)
- Himalayan Expressway Ltd.
- Madhya Pradesh Jaypee Minerals Limited (MPJML)
Milestones:
2016 - Jaiprakash Associates starts operations at Unit-2 of Bara Supercritical TPP.'
2015 - Jaypee Sports merges with Jaiprakash Associates
2012
Commissioning of the First RFID Technology based Electronic Toll Collection Plaza and Four Laned Zirakpur-Parwanoo Section of NH-5 from Km. 39.96 to Km. 67.55 in the States of Punjab, Haryana and H.P.
Commissioning of 165 Km long 6 lane Yamuna Expressway Noida to Agra. The largest access controlled concrete paved expressway in the India.
Successful revival of a large fertilizer plant to bring back CHAND CHAAP urea in the market , which was once India's glory in fertilizer sector.
Commissioning of Largest Single location Integrated Balaji Cement Plant in the country having clinkerzation capacity of 3.30 MnTPA & Cement Grinding Capacity of 5 MnTPA.
Acquisition of more than 75 year old Andhra Cement Ltd. with a capacity of 3 MnTPA.
31 Mar 2011 - Jaypee Group forays into edible oil business
15 Jan 2011 - Jaypee Group to invest Rs 33000 crores in Gujarat
01 Nov 2010 Power Trading Application
09 Sep 2010 -Expression of interest for structural designing of high rise residential and commercial towers with pre-cast RCC technology
09 Feb 2010 -Expression of Interest for (i) Drilling Services & Material Supply , (ii) Geo-chemical Survey for Oil & Gas exploration / development of SR-ONN-2004/1 onshore Block in South Rewa Basin, Madya Pradesh,India
10 Dec 2009 -Budawada Limestone Mine, District Krishna, A.P. of Jaiprakash Associates. - Environment Clearance
02 Dec 2009 - Jaiprakash Associates Cement Plant in Gujarat
26 Nov 2009 - Jaypee Balaji Cement Project - MoEF clearance for Cement Plant alongwith Captive Power Plant
12 Aug 2009 - Jaypee Group and L&T sign agreement
31 Jul 2009 - Jaiprakash Associates to set up cement plant in Assam
14 Apr 2009 - Sachin Tendulkar to Endorse Jaypee Cement
17 Feb 2009 - National Awards for Performance in Power
03 July 2008 -Yamuna(Erstwhile Taj) Expressway Project
Feb 2008 -Jaypee Group dedicates their 6th Cement plant to the nation bringing Haryana on the cement Map.
Feb 2008 - Jaypee & SAIL JV
21 Feb 2008 - Bokaro Cement Plant:JV between JAL and SAIL
11 Jan 2008 - Jaiprakash Power Ventures files DRHP with SEBI
20 Dec 2007 - Jaiprakash Associates wins Good Corporate Citizen Award
03 Aug 2007 - Jaiprakash Associates ventures into steel making
04 Jun 2007 - Jaiprakash Associates on Expansion Spree
Feb 2007 - Private Sector Investment in H.P.
23 Feb 2007 - Jaypee - Power grid from Joint Venture Company
29 Jun 2006 - Vishnu Prayag Hydro Electric Project Commissioned
23 Mar 2006 - JHPL signed an MOU with the Power Grid Corporation of India
27 Jan 2006 - JAL has been selected by MPSMCL as a JV partner
26 Aug 2005 - JAL signed an agreement with Irrigation and CAD Department of Andhra Pradesh
Achievements/ recognition:-
In 2011 Jaypee Rewa Cement Plant (JRP) and Jaype Bela Cement Plant (JBP) in Madhya Pradesh of the Group have been awarded with the coveted Sword of Honour.
National Safety Award.
Corporate Excellence Award, Presented By Dalal Street Journal for Outstanding Performance in the Activity Category.
Maharashtra Chapter of American Concrete Institute Award, Presented By Maharashtra Chapter of American Concrete Institute for Most Outstanding Concrete Structure in India Arch Cum Gravity Dam Chamera in H.P.
OCCI Export Award, for Maximum Turnover in Overseas Projects
OCCI Award, Presented By Overseas Construction Council of India for Maximum Foreign Exchange repatriated from Overseas Construction Contracts.
Certifications:
- Jaiprakash Associates Ltd. has been awarded ISO 9001 : 2000 Quality Certification Accredited by UKAS, RVA, ANAB and NABCB.
- ISO 2006 : ISO 14001 : 2004
- OHSAS 2006 : OHSAS 18001 : 1999
- Safety , Health and Environment Policy
- Year 2005 : CR1 Grading
- Year 2005 : CT1 Grading