Commenting on the company’s numbers, Manoj Gaur, Executive Chairman, Jaiprakash Associates, said the drag in cement business is on account of high coal and fuel prices, and personnel expenses. "Engineering and construction numbers are better than estimates helped by the Yamuna Express Highway."
He expects the 4Mt plant to be commissioned in the next 2-3 months. "We will consider a merger of JP Power Venture, and JP Hydro at some stage."
