Jai Balaji group

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Jai Balaji group
Type Public Limited
Industry Steel
Founded 1999
Headquarters Kolkata, India
Key people Aditya Jajodia, Sanjiv Jajodia and Rajiv Jajodia
Products Pig Iron; Ferro Alloys; Reinforcement Steel TMT and CRS Bars; Carbon, Alloy and Mild Steel Billets and Rounds; Wire Rods; Ductile Iron Pipes; Grinding Media Rods and Collector Bars
Revenue Rs. 25 billion
Website http://www.jaibalajigroup.com/

Jai Balaji Group is a Primary Steel Plant with Captive Power Generation and plants in nine locations. It also has plans to set up a Mega Steel, Cement and Power Project at Raghunathpur.

The Group[edit]

The Group has been promoted by Kolkata based businessmen and includes nine Iron and Steel making plants in Durgapur, Raniganj and Liluah in West Bengal; Rourkela in Orissa; Durg in Chhattisgarh and Saraikela in Jharkhand. A tenth unit of the Group is also underway in Raghunathpur, West Bengal, where investments of around Rs. 3.5 billion has been undertaken.

The flagship Company of the Group, Jai Balaji Industries Limited, formerly known as Jai Balaji Sponge Limited, was incorporated on 1 July 1999. Other companies in the Group are Chandi Steel Industries Limited, Jai Balaji Jyoti Steels Limited and Nilachal Iron and Power Limited.

Plants[edit]

It has a sponge iron manufacturing unit with a capacity of 105,000 tonnes per annum at Mangalpur Industrial Estate, near Raniganj. The Mangalpur Industrial Estate complex also has a mild steel ingot manufacturing unit with an installed capacity of 16,600 tonnes per annum.[1]

At Durgapur, West Bengal, it has a mild steel ingot manufacturing unit having an installed capacity of 78,720 tonnes per annum with four furnaces of a capacity of 6 tonnes each, and the re-rolling mill uses the Thermex technology from Germany for manufacturing of TMT bars. The group has set up two mini blast furnaces with an installed capacity of 80,500 tonnes per annum.[1][2]

The group has a presence at Raniganj, Liluah and Rourkela.[1] Jai Balaji Industries has acquired sponge iron manufacturer Nilachal Iron & Power Ltd (NIPL), with a sponge iron plant located at Saraikela in Jharkhand,[3]

References[edit]

  1. ^ a b c "Jai Balaji Group". Jai Balaji Group. Retrieved 20 February 2008. 
  2. ^ "Jai Balaji Group Continues Expansion" (PDF). Press Release, 27 Match 2007. Jai Balaji Gtoup. Retrieved 20 February 2008. [dead link]
  3. ^ "Jai Balaji Ind buys Nilachal Iron for Rs 72 cr". The Hindu Business Line, 2 November 2007. Retrieved 20 February 2008.