Jaypee

CHHATTISGARH   ·               Jaypee plans to raise Rs 2k cr, to sell Bhilai Jaypee Cement.   ð Debt-ridden Jaiprakash Associates  said its proposed sale of entire 74 per cent stake in Bhilai Jaypee Cement Ltd for an enterprise value of Rs 1,450 crore is expected to be concluded by year-end and plans to raise up to Rs 2,000 crore through sale of securities.   ð Bhilai Jaypee Cement owns 1.1 MTPA clinker plant at Satna in MP and 2.2 MTPA cement grinding Unit at Bhilai, Chhattisgarh.   ð Jaiprakash Associates has also sought shareholders nod for an enabling special resolution to raise up to Rs 2,000 ... Read more

    A number of mineral based industries have been established in the State, based on availability of the basic infrastructure and raw material Details of the existing industrial units are as follows:   IRON & STEEL PLANT:   Bhilai Steel Plant Bhilai, Durg     1959   SPONGE/PIG IRON PLANTS: Over 85 units have been established in the state for producing sponge iron and other allied material.   CEMENT PLANTS:   ACC Ltd., Jamul, Durg 1965 15.80 Century Cement Ltd, Baikunth Raipur 1975 18.00 Grasim Cement Ltd, Rawan, Raipur 1995 20.61 Lafarge India Ltd., Gopalnagar, Janjgir 1982 22.40 Ultra Tech Cement ... Read more