Jaypee Group
Encyclopedia
The Jaypee Group is an Indian conglomerate based in Noida
, India. It was founded by Jaiprakash Gaur
which is involved in well diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, Sports & Education (not-for-profit). Jaiprakash Gaur, Founder Chairman of Jaiprakash Associates Limited after acquiring a Diploma in Civil Engineering in 1950 from the University of Roorkee (now Indian Institute of Technology Roorkee
), had a stint with Govt. of U.P. and branched off on his own, to start as a civil contractor in 1958, group is the 3rd largest cement producer in the country. The groups cement facilities are located today all over India in 10 states, with 18 plants having an aggregate cement production capacity of 24 Million Tonnes and same is poised to become 36 Million Tonnes before October 2011.
Noida
Noida , short for the New Okhla Industrial Development Area, is an area in India under the management of the New Okhla Industrial Development Authority . Noida came into administrative existence on 17 April 1976 and celebrates 17 April as "Noida Day". It was set up as part of an urbanization...
, India. It was founded by Jaiprakash Gaur
Jaiprakash Gaur
Jaiprakash Gaur born in Uttar Pradesh is an Indian entrepreneur and businessman. Gaur is the founder chairman of Jaiprakash Associates and Jaypee Group of companies. Gaur has been associated with the construction industry for more than five decades...
which is involved in well diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, Sports & Education (not-for-profit). Jaiprakash Gaur, Founder Chairman of Jaiprakash Associates Limited after acquiring a Diploma in Civil Engineering in 1950 from the University of Roorkee (now Indian Institute of Technology Roorkee
Indian Institute of Technology Roorkee
The Indian Institute of Technology Roorkee , formerly the University of Roorkee, is a public university located in Roorkee, Uttarakhand, India...
), had a stint with Govt. of U.P. and branched off on his own, to start as a civil contractor in 1958, group is the 3rd largest cement producer in the country. The groups cement facilities are located today all over India in 10 states, with 18 plants having an aggregate cement production capacity of 24 Million Tonnes and same is poised to become 36 Million Tonnes before October 2011.
Timeline
- 1979 - Jaiprakash Associates Pvt Ltd formed and sets foot in Iraq.
- 1981 - Commenced Hotel Business with first hotel in Delhi - Siddharth
- 1982 - Hotel Vasant Continental was set up
- 1986 - Commissioning of 1st unit of 1 MTPA Jaypee Rewa Plant (JRP) in District Rewa, MP Formation of Jaiprakash Industries Ltd (JIL)
- 1987 - JIL listed on Bombay Stock Exchange
- 1991 - Commissioning of 2nd unit of 1.5 MTPA Jaypee Rewa Plant
- 1992 - Jaiprakash Hydro Power Ltd established to operate 300 MW Baspa II HE Project, Jaiprakash Power Ventures Ltd established to operate 400 MW Vishnuprayag HE project
- 1993 - JIL signs MOU to develop & operate 1000 MW Karcham Wangtoo HE Project
- 1995 - Bela Cement Ltd incorporated to establish 3rd Cement Plant at Bela, Hotel Jaypee Residency Manor set up
- 1996 - Commissioning of the 3rd cement plant 1.7 MTPA Jaypee Bela Plant in District Rewa, MP
- 1999 - Hotel Jaypee Palace, Agra set up
- 2000 - Jaypee Greens Ltd – 458 acres (1.9 km²) golf centric real estate company comes into being
- 2001 - Jaypee Institute of Information Technology (deemed University since Nov 1 2004) set up at NOIDA
- 2002 - Jaypee Karcham Hydro Corporation Ltd established to operate 1000 MW Karcham Wangtoo HE Project, Jaypee University of Information Technology (State university), Waknaghat set up
- 2003 - Jaypee Hotel Training Centre(JHTC) is set up at Agra to train students in Hotel Management. In 2007 the institute changed it's program from a diploma course to a degree course and increased the number of years from 2 to 3.
- 2003 - Jaypee Institute of Engineering Technology (Constituent Centre of JUIT, Waknaghat) set up at Raghogarh, Guna. Later this institute was declared first private state university of Madhya Pradesh as Jaypee University of Engineering & Technology. Also 1st Captive Thermal Power Plant of 25 MW commissioned at JRP. Formation of Jaiprakash Associates Ltd (JAL) by merging JIL with Jaypee Cement Ltd
- 2004 - Commissioning of 2nd Captive Power Plant of 25 MW at Jaypee Bela Plant
- 2005 - Shares of JHPL listed on BSE/NSE. First hydropower company to be listed in the country
- 2006 - Setting up of Madhya Pradesh Jaypee Minerals Corporation Ltd (MPJMCL) in JV with MP State *2007 - Signing of a joint venture agreement with Steel Authority of India Ltd for setting up a 2.0 MTPA slag based cement plant at Bhilai.
- 2008 - Jaypee Ganga Infrastructure Corporation Ltd incorporated for implementation of 1047 km long 8 lane access controlled expressway between Greater Noida and Ballia in UP,Chunar and Dalla cement plants (UPPCL) in UP commissioned
- 2009 - Amalgamation of four Group Companies, namely, Jaypee Cement Limited, Gujarat Anjan Cement Limited, Jaypee Hotels Limited and Jaiprakash Enterprises Limited with flagship company JAL. Acquired Sangam Power Generation Company Ltd. Signing of MOU for setting up a 2.0 million tonnes per annum capacity cement plant in joint venture with Assam Mineral Development Corporation Limited (AMDC). Group is setting up a Jaypee Hitech Casting Centre. Amalgamation of Jaiprakash Power Ventures Ltd. with Jaiprakash Hydro-Power Ltd.; the name of the Company i.e. Jaiprakash Hydro-Power Ltd. changed to Jaiprakash Power Ventures Ltd.
- 2010 - Commissioning of 1.75 MnTPA Jaypee Himachal Cement Grinding and Blending Plant, Bagheri (H.P.)., 2.2 MnTPA Bhilai Jaypee Cement Ltd., Satna (Madhya Pradesh)., 1.2 million tonnes Jaypee Roorkee Cement Grinding Unit (JRCGU) at Roorkee, Uttarakhand.
- 2011 - Buddh International Circuit - Greater Noida.