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Jaiprakash Associates suspends operations at plants in Madhya Pradesh and Uttar Pradesh due to coronavirus Written by Global Cement staff
05 May 2021
India: Jaiprakash Associates has suspended operations at its cement plants in Madhya Pradesh and Uttar Pradesh from 1 May 2021 due to the ongoing coronavirus outbreak. The company say it will continue maintenance activities of these plants during this time. It described the situation as ‘dynamic’ and plans to resume operations after ongoing analysis. Last modified on 05 May 2021
Due to second wave of Covid-19Jaiprakash Associates announced that owning to extremely volatile situation in second wave of Covid-19 pandemic, the cement consumption centers of UP, M.P. & Bihar are closed. Local lockdown has been announced by the State administration. The company has suspended operations of its cement plant at MP and UP from the close of Saturday i.e. 1 May, 2021. The Company shall be undertaking maintenance activities of these plants during this time.
Further, the operations of one stream out of three streams of Kanpur Fertilizers & Chemicals , Company s material subsidiary have also been
suspended due to large no of staff being found corona positive.
Jaiprakash Associates seeks SC nod to hive off Yamuna Expressway toll asset rights to generate Rs 2000 cr
Jaiprakash Associates seeks SC nod to hive off Yamuna Expressway toll asset rights to generate Rs 2000 cr
Real Estate Major Jaiprakash Associates (JAL) On Monday Sought Permission From The Supreme Court To Sell Off Its Multi-crore Yamuna Expressway Toll Asset Rights To Generate Rs 2,000 Crore That It Is Supposed To Deposit To Cover Part Of Its Subsidiary Jaypee Infratechâs Liability Towards 32,000 Homebuyers.
News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 24 Oct 2017, 11:14:24 AM
New Delhi:
Real estate major Jaiprakash Associates (JAL) on Monday sought permission from the Supreme Court to sell off its multi-crore Yamuna Expressway toll asset rights to generate Rs 2,000 crore that it is supposed to deposit to cover part of its subsidiary Jaypee Infratech’s liability towards 32,000 homebuyers.