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CORPORATE ISPAT ALLOYS LIMITED (CIAL) is the flagship Company of Abhijeet Group engaged in the core sector areas of Ferroalloys...
 
  ABHIJEET INFRASTRUCTURE LIMITED (AIL) is the founding company of the group having vast interest in Iron & Steel, Mining and Infrastructure in the states of Chattisgarh and Jharkhand...   JAS TOLL ROAD COMPANY LIMITED (JTRCL)  proved its mettle in the infrastructure sector by successful completion of the prestigious project of the construction of 32.5 km ...
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JAYASWALS ASHOKA INFRASTRUCTURE PRIVATE LIMITED (JAIPL) marked the group's entry into the Infrastructure sector with the undertaking of a BOT project for design..   CORPORATE POWER LIMITED (CPL) is a special purpose vehicle exclusively incorporated in the year 2006 for the Power Venture of the Group…   ABHIJEET MADC NAGPUR ENERGY PRIVATE LIMITED (AMNEPL) is a special purpose vehicle incorporated for the commissioning of  225 MW facility…
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 CORPORATE ISPAT ALLOYS LIMITED (CIAL)
   
  Corporate Ispat Alloys Limited (CIAL) is the flagship Company of Abhijeet Group engaged in the core sector areas of Ferroalloys, Iron & Steel, Mining, Power in the state of Chattisgarh, West Bengal and Jharkhand. The availability of captive coal and iron ore from the mines allocated to the company makes the projects completely backward integrated ensuring cost competitive production.

The Company has commissioned.0.15MTPA Sponge Iron Plant and 12 MW Waste Heat Recovery Based Power Plant at Siltara Growth Centre, Raipur in the State of Chattisgarh.
CIAL has acquired assets of Rajinder Steel Limited at Raipur comprising 0.4 MTPA Steel Melt shop 0.4 MTPA Hot Strip Mill along with other associated utilities and the plant is ready for Production after Refurbishment. The Company has already commissioned 12 MW Coal Based Captive Power Plant at Raipur.

The Group is one of the large producers of Manganese alloys in India producing Hi Carbon Ferro Manganese (FeMn) and Hi Carbon Silico Manganese (SiMn) mainly for European and South East Asian markets and is using imported ore and coke from South Africa, Australia and South America. CIAL is operating a 24 MVA manganese alloy plant of 0.04 MTPA capacity in Durgapur, West Bengal and is further adding another 12 MVA facilities which will add an additional capacity of 0.018 MTPA. The Group is set to become the largest Manganese alloy producer of the country by setting up a export based 105 MVA facility in West-Bengal at the Haldia port. In addition to this, the company is setting up 33 MW of Power Plant comprising 25 MW Coal Based Captive power Plant and 8 MW Rice Husk Based Power Plant at Durgapur. The latter will be commissioned by November 2008.

Further to this, the company is setting up a 1.5 MTPA Integrated Steel Plant in the state of Jharkhand and the project is in its various stages of Development.

The Company has been allotted captive coal mines for Iron & Steel Production and Power Generation by the Government of India. This will ensure seamless supply of raw material in quantity as well as in quality and will make the production of iron, steel, power and ferroalloys highly competitive. The Coal Mining Projects are under various stages of implementation. The Group has embarked upon to create India’s 1st world class facilities/practice and in this regard the company has tied up with globally renowned Australian Mining Major, Theiss Ltd, for systematic and scientific exploration of allotted coal Blocks.
 

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 ABHIJEET INFRASTRUCTURE LIMITED (AIL)
  Abhijeet Infrastructure Limited (AIL) is the founding company of the group having vast interest in Iron & Steel, Mining and Infrastructure in the states of Chattisgarh and Jharkhand. The allocation of Coal and Iron ore mines for captive usage makes the ventures of the company in Iron & Steel and allied products highly cost competitive..

The company has commissioned a 0.1 MTPA DRI plant & 15 MW Coal Fired captive power plant at Siltara Raipur, Chhattisgarh.

AIL is further setting up 1.2 MTPA Beneficiation and Pelletisation plant in the state of Jharkhand and proposes to set up a 1.5 MTPA Integrated Steel Plant. The proposed steel plant will be totally backward integrated due to the availability of captive coal and iron ore from its mines. Thus the company would emerge as a very competitive producer by having a fully integrated plant from beneficiation, pelletisation to finished steel and using captive coal and iron ore.

AIL has also promoted various Toll Road projects of the group.

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 JAS TOLL ROAD COMPANY LIMITED (JTRCL)
   
  Abhijeet Group has proved its mettle in the infrastructure sector by successful completion of the prestigious project of the construction of 32.5 km of the Nelmangala – Tumkur Section of NH-4 near Bangalore in Karnataka state, a part of the golden quadrilateral by its infrastructure company Jas Toll Road Company Limited (JTRCL). The project comprises of rehabilitation and widening of the existing two lanes of NH-4 from 29.5 Km to 62 Km (Neelmangala- Tumkur section) into four lanes, with a provision of six lanes on BOT Basis.

The company exceeded all expectations and was widely recognized for a before time and on budget completion. The project was completed and the collection commenced from February 2004, 5 months ahead of its scheduled completion period of 24 months. The Company had incurred a total cost of Rs. 2356 Mn and has a right to collect the toll from the users of the project stretch for a period up to 21st July 2021 or to a further period as may be extended by NHAI.

In testimony to the company’s performance Institution Infrastructure Development Finance company Limited (IDFC) a Leading Financial Institution in Infrastructure sector in India has invested Rs.655 Mn in equity and thus has partnered with us in our road venture.

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 JAYASWALS ASHOKA INFRASTRUCTURE PRIVATE LIMITED (JAIPL)
   
  Jayaswals Ashoka Infrastructure Private Limited (JAIPL) marked the group’s entry into the Infrastructure sector with the undertaking of a BOT project for design, engineering & construction and the subsequent maintenance and operation of a Bridge near Bhandara city on River Wainganga at a Project Cost of Rs. 422.3 Millions with a concession period of 18 year 9 months which have been further extended by another 6 months. The Project was commissioned for commercial operation in March 2001 and is currently being operated profitably and within projected parameters. The company has securitised its future toll receivables and raised an amount of Rs.430 Mn.
Having gained invaluable experience in the infrastructure sector, the group is now very enthusiastic and optimistic in commissioning some big prestigious infrastructure projects in the country.
 
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 CORPORATE POWER LIMITED (CPL)
   
  The Group is aggressively working upon its ‘Vision 5000’ of setting up of pithead based power plants of capacity 5000 MW in the states of Jharkhand, Maharastra, Bihar and West Bengal. Corporate Power Limited (CPL) is a Special Purpose Vehicle of Abhijeet Group exclusively incorporated in the year 2006 for the Power Venture.

The phase-1 comprising of 540 MW (4X135) of “Matrishri Usha Jayaswal Mega Power Plant”, a 1215 MW Pithead based Thermal Power plant (IPP) in Jharkhand, is under implementation. The EPC contract has been awarded to Shandong Electric Power Construction Company (SEPCO) of China. The order has been placed for 120 KM of Transmission line to connect PGCIL grid in Jharkhand state. The first phase will be completed by end of the year 2010 and subsequently Phase II of 2X330 MW will be initiated. The greatest advantage that the group has is the availability of captive coal which makes the power generation highly cost competitive.

Power Purchase Agreement with Power Trading Company (PTC) has already been accomplished whereby the company will be selling power to power deficit states of the country.

 

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 ABHIJEET MADC NAGPUR ENERGY PRIVATE LIMITED (AMNEPL)
   
  A 225 MW facility will be commissioned by Abhijeet MADC Nagpur Energy Private Limited (AMNEPL), a Special Purpose Vehicle (SPV) promoted jointly by the group and Maharastra Airport Development Company (MADC) for providing reliable, uninterrupted and low cost Electricity to the projects of Maharastra government viz. Special Economic Zone (SEZ) and Multimodal International Hub Airport at Nagpur (MIHAN).

The Group thus achieved yet another milestone by being awarded the prestigious power project in MIHAN by the government of Maharastra in an International commercial bidding whereby the group will generate, transmit and distribute 200 MW Power Plant on Built Operate and Transfer (BOT) basis for a period of 33 Years along with an additional 25MW Diesel Generator Set for the project .It will be a world class facility ensuring excellent quality in generation transmission and distribution of power.

The scope of Abhijeet Group is to Design, Develop, Finance, Operate, Transmit and Distribute the power generated by the SPV. The investment for the Project will be Rs.11000 Mn and is set to commission by the end of year 2011.

 

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