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West Bengal based 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.
Founded in 1999 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.
The group is planning to come with a tenth unit in Raghunathpur, West Bengal, where investments of around Rs. 3.5 billion has been undertaken.
Other companies in the Group are Chandi Steel Industries Limited, Jai Balaji Jyoti Steels Limited and Nilachal Iron and Power Limited.
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.
At Durgapur, West Bengal, the company 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 a presence at Raniganj, Liluah and Rourkela.