Jaypee Group

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Jaypee Group
Company type Public
Industry Conglomerate
Founded1979;45 years ago (1979) [1]
Founder Jaiprakash Gaur
Headquarters Noida, Uttar Pradesh, India
Key people
Jaiprakash Gaur
(Chairman)
Products
RevenueDecrease2.svg6,612.88 crore (US$830 million) (2021)
Number of employees
6000+ (2021)
Subsidiaries
  • Jaiprakash Power Ventures Limited (JPVL)
  • Jaypee Karcham Hydro Corporation Limited (JKHCL)
  • Jaypee Arunachal Power Limited
  • Bina Power Supply Co. Limited
  • Jaypee Power Grid Ltd (JPL)
  • Bhilai Jaypee Cement Limited (BJCL)
  • Gujarat Jaypee Cement & Infrastructure Limited (GJCIL)
  • Bokaro Jaypee Cement Limited (BOJCL)
  • Madhya Pradesh Jaypee Minerals Limited (MPJML)
  • Jaypee Infratech Limited (JIL)
  • Jaypee Ganga Infrastructure Corporation Limited (JGICL)
  • Himalayan Expressway Ltd
  • JPSK Sports Pvt Ltd
[2]
Website www.jalindia.com
Sardar Sarovar Dam, India Sardar Sarovar Dam 2006, India.jpg
Sardar Sarovar Dam, India
Tehri Dam India - the largest rock and earth fill dam in Asia, completed by Jaypee Tehri dam india.jpg
Tehri Dam India – the largest rock and earth fill dam in Asia, completed by Jaypee

Jaiprakash Associates Limited, commonly known as Jaypee Group, is an Indian conglomerate company headquartered in Noida, Uttar Pradesh, with interests in engineering, construction, power, real estate, hospitality, IT, sports and education (non-profit). [3]

Contents

Overview

Manoj Gaur is the elder son of Jaiprakash Gaur. He is the Chairman of the Jaiprakash Associates Limited. Jaypee is cement production and private sector hydropower company with 1,700 MW in operation [4] . The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012. [5]

JIL, the group flagship, has an engineering and construction wing which mostly supports Jaypee projects. It also has the largest land bank in India's National Capital Region, i.e., New Delhi. Jaypee has two thermal power plants (Bina Thermal Power plant – 500 MW and Nigrie Thermal Power Plant – 2X660 MW).

History

Jaiprakash Gaur founded the conglomerate in 1979. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee (IITR) in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, starting as a civil contractor in 1958.

Controversies

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References

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  4. "Lenders review Jaypee Group's debt". The Economic Times. 13 October 2014. ISSN   0013-0389 . Retrieved 14 March 2024.
  5. Sharma, Ravi Teja (9 August 2012). "Yamuna Expressway opening is Jaypee's free ride to Lucknow". The Economic Times. ISSN   0013-0389 . Retrieved 14 March 2024.
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