Jai Balaji group


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

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 Odisha; 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

It has a sponge iron manufacturing unit with a capacity of 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.
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.

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