Jaiprakash Associates

Jaiprakash Associates was previously known as Jaiprakash Industries (JIL) but after its merger with Jaypee Cement, the company got its present name. Jaiprakash Associates Ltd. is under the Jaypee Group which is an industrial infrastructural group in India.

The group was established in 1972 and has a turnover of more than Rs 30,000 million. Jaiprakash Associates Company has, for over 3 decades, been in business and is a leader in building on the basis of turnkey, hydro-power, and river valley projects. Jaiprakash Associates executed as many as 13 hydro-power projects at the same time. These projects are in 6 Indian states and also in the country of Bhutan, leading to the production of 10,290 MW power. In Uttaranchal, Jaiprakash Associates Ltd. has established the 400 MW Vishnuprayag Project for power generation.

Jaiprakash Associates has also set up a 300 MW station for power generation at Baspa, in Himachal Pradesh. This power station is generating over 1,200 million units of energy per year. Jaiprakash Associates' division for cement manufactures Pozzolana Portland and Ordinary Portland cement that are sold under the brand names Buniyad and Buland.

Jaiprakash Associates has 3 highly technologically advanced cement plants - the Jaypee Bela and Jaypee Rewa Cement Plant. The total production capacity of cement in these plants is around 7 MTPA. Jaiprakash Associates has subsidiary companies which are Jaiprakash Hotels, Jaiprakash Hydro- power, and Jaiprakash Ventures.

The total income of the Jaiprakash Associates amounted to Rs. 9,200 million in 2005- 2006 and the next year the figure stood at Rs. 10,050 million. The net profit of the company amounted to Rs. 920 million in 2005- 2006 and next year the amount increased to Rs. 1,400 million. The Jaiprakash Associates Ltd. plans to expand its cement production capacity and also diversify into the business of highway construction.