History


With a single minded focus Shri. Jaiprakash Gaur, Founder Chairman of Jaypee Group, after acquiring a Diploma in Civil Engineering in 1950 from the University of Roorkee now (IIT Roorkee), had a stint with Govt. of U.P. and with steadfast determination to contribute in nation building, branched off on his own, to start as a civil contractor in 1958,and laid the foundation of Jaypee Group. The Jaypee story is not a story of privilege or entitlement. It is a story of grit and gumption; of struggle against incredible odds; of dreams, and the striving and self belief that turned them into reality.

Milestones

Year Events
1958 Undertook first entrepreneurial work as contractor in Mangrol in Kota
1979 Jaiprakash Associates Private Ltd formed.
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) by amalgamation of Jaiprakash Associates Pvt Ltd with Jaypee Rewa Cement Ltd

Public Issue of JIL. 2,25,00,000 shares issued at a price of Rs. 10/-
1987 JIL listed on Bombay Stock Exchange
1991 Commissioning of 2nd unit of 1.5 MTPA Jaypee Rewa Plant in District Rewa, M.P
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 acre golf centric real estate company comes into being
2001 Jaypee Institute of Information Technology (deemed University since Nov 1 2004) set up at NOIDA

All 3 cement plants were brought under one roof by hiving off Cement Business by JIL under Jaypee Cement Ltd
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 1st Captive Thermal Power Plant of 25 MW commissioned at JRP

Formation of Jaiprakash Associates Ltd (JAL) by merging JIL with Jaypee Cement Ltd

Jaypee Institute of Engineering & Technology, Guna set up

300 MW Baspa-II commissioned and begins power generation
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 Mineral Development Corporation Ltd for Coal Mining at Amelia Coal Block in Sidhi district of MP

Acquisition of Cement Plants & Assets of UP State cement corporation Ltd (in Liquidation) of 2.5 MTPA capacity

Acquisition of Gujarat Anjan Cement Ltd for setting up a green field cement plant of 1.2 MTPA capacity in Bhuj, District Kutch Gujarat

400 MW Vishnuprayag Hydropower Station of JPVL, commissioned and begins power generation
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.

Mandla North Coal Block in District Chindwara allotted to the company for captive requirement of cement business

JHPL signs MOU with PGCIL for formation of a Joint Venture company to lay a 230 km (approx.) long transmission system to evacuate power from the 1000 MW Karcham-Wangtoo Hydro Electric Project in Himachal Pradesh.

Jaypee Greens launched ‘Wish Town’ a historic residential township in India. Slated to be the India’s largest township development in over 1162 acres.
2008 Chunar and Dalla cement plants (UPPCL) in UP commissioned

Bokaro Jaypee Cement Ltd incorporated for implementation of 2.1 MTPA slag based cement plant at Bokaro, Jharkand in JV with SAIL

2 MTPA cement capacity plant at Sidhi (M.P.) and 1.20 MTPA cement plant at Sewagram (Gujarat) has also been successfully commissioned.

Acquired Bina Power Supply Company Limited (BPSCL) from the Aditya Birla Group to set up a 1250 MW coal fired Thermal Power Plant at Bina, Madhya Pradesh.
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. for setting up
3 x 660 MW Karchana Thermal Power Project (Phase – I : 2x660 MW) & Prayagraj Power Generation Company Ltd. for 5 x 660 MW Bara Thermal Power project (Phase – I : 3x660 MW) from UP Power Corporation Ltd. on BOO basis.

Group has set up a Jaypee Hitech Casting Centre with capacity of 18,000 TPA at Rewa, M.P..

Jaiprakash Associates’ 2.4 million tonnes per annum capacity cement plant in Sewagram, Kutch, Gujarat was dedicated to the nation.

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 2.00 MnTPA Jaypee Himachal Cement Grinding and Blending Plant, Bagheri (H.P.).

Commissioning of 1.20 MnTPA Jaypee Wanakbori Cement Grinding Unit, Wanakbori, Gujarat.

Commissioning of 2.2 MnTPA Bhilai Jaypee Cement Ltd., Satna (Madhya Pradesh) & Bhilai (Chattisgarh).

1.2 million tonnes Jaypee Roorkee Cement Grinding Unit (JRCGU) at Roorkee, Uttarakhand.

Jaypee Infratech Limited listed on NSE/BSE.
2011 Amalgamation of Jaypee Karcham Hydro Corporation Limited (JKHCL) and Bina Power Supply Company Limited (BPSCL) with Jaiprakash Power Ventures Limited (JPVL) with effect from April 1, 2010, being the Appointed Date.

The Group was awarded two contracts relating to construction of the 990 MW Punatsangchhu II Hydro-electric Project, Bhutan. This hydro-electric project will be jointly implemented by the Royal Government of Bhutan and the Government of India.

Commissioning of 1.00 MnTPA capacity cement grinding plant at Sikandrabad, Uttar Pradesh.

Commissioning of cement grinding plant of 2.10 MnTPA capacity at Bokaro, Jharkhand, set in JV with SAIL (Bokaro Jaypee Cement Ltd.).

Jaypee Greens Golf & Spa Resort operationalised.

1000 MW Karcham-Wangtoo Hydropower Station of JPVL commissioned and begins power generation.

Hosted the first Indian Formula OneTM Grand Prix on 30th October at Buddh International Circuit.
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.
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