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Indian diversified conglomerate From Wikipedia, the free encyclopedia
Jaiprakash Associates Limited, commonly known as Jaypee Group, is an Indian conglomerate company headquartered in Noida, Uttar Pradesh, with interests in engineering, construction, power, real estate, hospitality, IT, sports and education (non-profit).[3]
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Company type | Public |
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Industry | Conglomerate |
Founded | 1979[1] |
Founder | Jaiprakash Gaur |
Headquarters | Noida, Uttar Pradesh, India |
Key people | Jaiprakash Gaur (Chairman) |
Products | |
Revenue | ₹6,612.88 crore (US$790 million) (2021) |
Number of employees | 6000+ (2021) |
Subsidiaries |
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Website | www |
[Manoj Gaur] is the elder son of Jaiprakash Gaur. He is the Chairman of the Jaiprakash Associates Limited. Jaypee is cement production and private sector hydropower company with 1,700 MW in operation.[4] The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012.[5]
JIL, the group flagship, has an engineering and construction wing which mostly supports Jaypee projects. It also has the largest land bank in India's National Capital Region, i.e., New Delhi. Jaypee has two thermal power plants (Bina Thermal Power plant – 500 MW and Nigrie Thermal Power Plant – 2X660 MW).
Jaiprakash Gaur founded the conglomerate in 1979. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee (IITR) in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, starting as a civil contractor in 1958.
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