Narendra Modi inaugurates Jaiprakash Associates cement plant in Gujarat

JAL invested Rs 1500 crore in the cement plant having capacity of 2.4 MTPA; JAL’s first cement plant in Gujarat.

Highlights

• 100% Captive Thermal Power Generation - 22 MW-Ph-I
• Captive Water Desalination Plant - 2200 cu m per day-Ph-I
• All equipment sourced from leading suppliers across the world
• JAL is the 3rd largest cement group in India & is among the low cost producer of cement
• Combined commissioned capacity of over 17.1 million tonnes per annum (MTPA) as on date (including new plant)
• JAL’s expansion plans are to achieve a 35.55 MTPA capacity by FY-12 – one of the fastest organic expansions worldwide in the cement industry
• Once the expansion plans have been implemented, the Group will have 12 integrated cement plants, 12 grinding units and 12 captive power plants across the states of Madhya Pradesh, Uttar Pradesh, Gujarat, Himachal Pradesh, Haryana, Uttarakhand, Chhatisgarh, Jharkhand, Assam and Andhra Pradesh.

The Honourable Chief Minister of Gujarat, Shri. Narendra Modi today dedicated Jaiprakash Associates’ 2.4 million tonnes per annum capacity cement plant in Sewagram, Kutch, Gujarat in the presence of other dignitaries, to the nation.

Jaiprakash Associates Ltd (JAL), the flagship company of the well diversified industrial conglomerate Jaypee Group having interests in the fields of Civil Engineering, Cement, Power, Real Estate & Hospitality, has made an investment of Rs 1500 crore in the first phase of Gujarat Cement project and commissioned 2.4 MTPA cement plant at Sewagram in Kutch, Gujarat. Greenfield plant was completed in a record time of 33 months after the acquisition of land in end of 2006. The project during the construction phase has generated employment opportunities in excess of 3000 people.

Commenting on the occasion, Shri Jaiprakash Gaur, founder of the Jaypee Group said, “Gujarat is a vibrant state with good growth impetus. It is poised to take a big leap forward with a philosophy to make development a mass movement. Jaypee Group synonymous to its tag-line – “No dream too big” is proud to be associated with Gujarat and to be a part of the development of the state in particular and economy in general. I am indeed delighted that our cement plant has been dedicated to the nation by Hon’ble CM of Gujarat, Shri Narendra Modiji. I am confident that with government and administration support, JAL will add to the development of the state by creating employment opportunities, infrastructure development etc. and thus overall socio economic growth of the region”.

Apart from having state-of-the-art technology, cement plant will also have an emergency backup of 35 MW DG power has a 100% captive thermal power generation plant that will generate 22 MW in the first phase and 50 MW in the second phase. In order to desalinate the saline water around the cement plant, a captive water desalination plant has been installed with a capacity of 2200 cu m per day in the first phase and 3800 cu m per day in the second phase.

“The demand for cement in western part of India has been growing and is expected to grow by 10-12% in next four-six months, with this new cement plant I am sure that we will able to garner good market in burgeoning western part of India. The CAGR of JAL’s cement division has been tremendous and it gives me immense pleasure to reiterate the fact that JAL would be achieving one of the highest organic growths in cement industry worldwide. In FY 08 we had total installed capacity of 9 MTPA and we are poised to take the same to 35.55 MTPA by FY12 with an aim to achieve combined cement capacity of 22.80 MTPA by the end of the current fiscal”, added Shri Gaur.

It has always been the vision and philosophy of the group to undertake all round development of all the project sites and develop infrastructure so as to provide the basic amenities to all the local people and JAL has developed 16 bed hospital, additionally providing a medical van with X-ray that covers 12 nearby villages including providing free medicines, till date almost 1.8 lakh cases have been treated since 2006. To provide educational facilities, under the aegis of Jaiprakash Sewa Sansthan, ‘Not-for-Profit’ trust of the Jaypee Group, a school has been established imparting education till class VII and the same shall be upgraded to 10+2, by 2011. On this occasion, the Hon’ble CM of Gujarat Shri Narendra Modi also laid the foundation stone of an ITI to be set up by the Jaypee Group to impart vocational training in five trades to a total strength of 240 students by 2011.

The cement plant has installed state-of-the-art technologies to ensure pollution free mining using surface miner. Being an environmental friendly group it has always been JAL’s endeavour to reduce pollution and for the same with use of latest technology the dust emission would be limited to less than 50mgm.

The Group has almost four decades old association with Gujarat and has been associated in many prestigious projects ranging from the importance of nation’s defense to the construction of India’s largest concrete dam. The group has constructed 17 km stretch of road in the Rann of Kutch between Bhabbar and Suigam, successfully completed work on Ukai dam including construction of 8 kms long left main canal, cross drainage works etc. Apart from this, the group has constructed 1450 MW Sardar Sarovar Dam, the largest water resource project in India and the third largest dam in the world in terms of quantity of chilled concrete to be placed. Jaypee group has also successfully completed Karjan Reservoir project, Vadgam Saddle Dam. In, January 2001, when earthquake struck Gujarat and did a lot of damage, the group adopted the village of Kakarwa and did the entire rehabilitation work.

About Jaiprakash Associates Limited
The Group is a diversified infrastructure conglomerate and has a formidable presence in Engineering & Construction along with interests in the power, cement, hospitality, real estate, expressways and education (not-fo -profit). For more details please visit http://www.jalindia.com

Forward-Looking Statements:- This report contains forward –looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’ or other words of similar meaning. All statements that address expectations or projections about the future, including but not limited to statements about the company’s strategy for growth, market position, expenditures, and financial results, are forward –looking statements. Forward -looking statements are based on certain assumptions and expectations of future events. The company cannot guarantee that these assumptions and expectations are accurate or will be realized. The company’s actual results, performance or achievements could thus differ materially from those projected in any such forward - looking statements. The company assumes no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events.