Jaiprakash Group to increase power generation capacity to 13470 MW

Jaiprakash Group to increase power generation capacity to 13470 MW
Published: 22 October 2009

India’s strong consistent economic growth and infrastructure development has provided JAL with tremendous opportunities in Engineering & Construction where the company has an established track record as the leading hydropower E&C Company with clear competitive advantage and has immense growth potential in Indian hydropower while in power business; it will be the only group in the private sector which will contribute 2200 MW in the 11th five year plan to the nation. The group intends to take its total capacity to over 13,470 MW with 60:40 thermal-hydro mix. As a group it has always been its endeavor to not only add capacities to power generation but also to give the best of return on equity to its shareholders. Its 300 MW Baspa II HEP (Hydro-electric project) in Himachal Pradesh and 400 MW Vishnuprayag HEP in Uttarakhand are successfully doing the same. Work on the group’s 1000 MW Karcham-Wangtoo project is progressing on fast track basis with the project slated for commissioning six months ahead of schedule.

In Expressway segment, construction work on entire 165km of the Yamuna Expressway project is in progress and the project is scheduled to be completed by 2010.

In cements business with new cement plants in fast growing markets of the North, Central, Eastern & Western Zones, JAL is the 3rd largest cement group in India with dominance as low cost producer of cement. The company is in final stage of capacity expansions in cements business and expects to have combined cement capacity of 22.80 MTPA by the end of the current fiscal with 252 MW captive power plants. As of now the company has combined commissioned capacity of over 14.7Mta and is a brand leader in its current marketing zone, consisting of Central and parts of Northern India. The Company has undertaken a bold expansion plan to achieve a 35.55Mta capacity by FY-12 - one of the fastest organic expansions worldwide in the cement industry.

With all the above, Jaiprakash Associates Limited is well set to become the leader in the businesses of power, cement and real estate in India. JAL has the strongest credentials when it comes to project execution, building new capacities, be it hydropower or cement and has consistently delivered in enhancing shareholder value.