Jaypee Group
#8952
Rank
$102.17M
Marketcap
India
Country
Mr. Manoj Gaur (Exec. Chairman & CEO)
Mr. Sunil Kumar Sharma B.Sc (Exec. Vice Chairman)
Mr. Jaiprakash Gaur (Chairman Emeritus)
Summary
History
Jaiprakash Gaur is the founder and was chairman of Jaiprakash Associates Limited. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, started as a civil contractor in 1958.
1982 – Hotel Vasant Continental was set up
1986 – Commissioning of first unit of 1 MTPA Jaypee Rewa Plant in District Rewa, MP Formation of Jaiprakash Industries Ltd
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 a memorandum of understanding to develop and operate 1,000 MW Karcham Wangtoo Hydroelectric Plant
1995 – Bela Cement Ltd incorporated to establish third Cement Plant at Bela, Hotel Jaypee Residency Manor set up
1996 – Commissioning of the third cement plant 1.7 MTPA Jaypee Bela Plant in District Rewa, MP
1999 – Hotel Jaypee Palace, Agra set up
2000 – Jaypee Greens Ltd – 458-acre golf-centric real estate company comes into being
2001 – Jaypee Institute of Information Technology set up at Noida.
2002 – Jaypee Karcham Hydro Corporation Ltd established to operate 1,000 MW Karcham Wangtoo HE Project, Jaypee University of Information Technology at Waknaghat, Himachal Pradesh is founded.
2003 – Jaypee Hotel Training Centre is set up at Agra to train students in hotel management. In 2007 the institute changed its program from a diploma course to a degree course and increased the length of study from two to three years.
2003 – Jaypee Institute of Engineering Technology set up at Raghogarh, Guna. Later this institute was declared first private state university of Madhya Pradesh as Jaypee University of Engineering & Technology. Also first Captive Thermal Power Plant of 25 MW commissioned at JRP. Formation of Jaiprakash Associates Ltd by merging JIL with Jaypee Cement Ltd
2004 – Commissioning of second 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 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 1,047 km long, eight-lane, access-controlled expressway between Greater Noida and Ballia in Uttar Pradesh, Chunar, and Dalla cement plants in UP commissioned
2009 – Amalgamation of four Group Companies, namely, Jaypee Cement Limited, Gujarat Anjan Cement Limited of Gujarat-based infrastructure conglomerate Anjan Group, 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 million tonnes per annum capacity cement plant in joint venture with Assam Mineral Development Corporation Limited . 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 ., 2.2 MnTPA Bhilai Jaypee Cement Ltd., Satna ., 1.2 million tonnes Jaypee Roorkee Cement Grinding Unit at Roorkee, Uttarakhand.
2011 – Buddh International Circuit – Greater Noida.
2012 – Yamuna Expressway-New Delhi NOIDA -Agra Express eight-lane highway. Project completed on 9 August 2012, and opened to general public.
2014 -Himalayan Expressway-Zirakpur – Kalka six-lane highway. Project completed and opened to general public.
2014 – Jaypee University, Anoopshahr set up at bank of Ganga river in Anoopshahr, District Bulandshahr.
2014 - In August 2014, Shree Cements announced that it is set to acquire Jaiprakash Associates' 1.5 million tonne grinding unit at Panipat for 360 crore. The Jaypee group has been selling most of its cement assets to reduce its debt.
2015- In September 2015, JSW Energy acquired two hydropower Projects of Jaiprakash Associates in a deal worth ? 9,700 crore.
2016 – Jaypee Greens Golf Course, Greater Noida, National Capital Region received the "Best Tourism Friendly Golf Course 2015–16" recognition for the third time.
2017 - UltraTech Cement completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes.
2019 - Commissioning of 720 MW Hydro project for Mangdechhu Hydro Electric Power Project Authority in Bhutan.
Mission
Vision
Key Team
Mr. Ram Bhadur Singh F.C.A (Whole-Time Director & Director of Fin.)
Mr. Sandeep Sabharwal (Compliance Officer, Company Sec. & VP)
Mr. Joginder Seru BE (Pres)
Mr. Pankaj Gaur (Joint MD of Construction & Whole Time Director)
Mr. Ranvijay Singh B.E (Civil) (Whole-Time Director)
Mr. Naveen Kumar Singh B.Com. (Exec. Pres)
Mr. Amit Sharma BE, MBA (Exec. Pres)
Recognition and Awards
References
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Mr. Manoj Gaur (Exec. Chairman & CEO)
Mr. Sunil Kumar Sharma B.Sc (Exec. Vice Chairman)
Mr. Jaiprakash Gaur (Chairman Emeritus)