Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures Limited was incorporated on 21 December, 1994, in the State of Himachal Pradesh originally under the name of 'aiprakash Hydro-Power Limited'. It received Certificate of Commencement of Business on 9 January, 1995. Another Company of Jaypee Group in the name of 'Jaiprakash Power Ventures Limited' was merged with Jaiprakash Hydro-Power Limited in terms of High Court Order dated 20 November, 2009. Subsequently, the name of the Company was changed to Jaiprakash Power Ventures Limited.

The Company, a part of the Jaypee Group owns and operates the 300 MW Baspa-II Hydroelectric Project at District Kinnaur in Himachal Pradesh. The erstwhile Jaiprakash Industries Limited (JIL), the promoter company, since merged with Jaypee Cement Limited (JCL) and known as Jaiprakash Associates Limited (JAL) signed the Memorandum of Understanding (MOU) with Government of Himachal Pradesh (GoHP) for Baspa Stage-II project in November, 1991 and was granted approval to develop 300 MW Baspa Stage-II Hydroelectric project in private sector on 'Build, Own and Operate' basis by the Government of Himachal Pradesh in October, 1992. Hence, Jaiprakash Power Ventures Limited incorporated in December, 1994 with the object to set up hydroelectric or Thermal power projects and for the supply of general electric power.

At present, Company is engaged in the business of thermal and hydro power generation, coal mining and cement grinding. The company presently owns and operates three Power plants with an aggregate capacity of 2200 MW as per details given below:

400 MW Vishnuprayag Hydro-Electric Plant in the State of Uttarakhand, which is in operation since October 2006; 500 MW Jaypee Bina Thermal Power Plant in Distt. Sagar (M.P.).consisting of two units of 250 MW each, First unit has been in operation since August 2012 and second unit since April 2013; 1320 MW Jaypee Nigrie Super Thermal Power Project in Distt. Singrauli (M.P.).consisting of two units of 660 MW, First