Jai Balaji Industries has collected monetary receipt of about Rs 3.30 crore on account of sale of 54,615 units of Carbon Credits. The Certified Emission Reductions (CERs) received by the company are on account of power generated from its Waste Heat Recovery Boilers.
Jai Balaji Industries (JBIL) is the flagship company of the Jai Balaji group, a decade old business house belonging to Jajodia family of Kolkata. The company is an integrated steel player with four manufacturing facilities. It is engaged in manufacturing of sponge iron, pig iron, ferro alloys, billets/MS ingots and steel bars/rods (TMT bars), besides having backward integration for sinter and power. Of late, it has also started manufacturing D.I. Pipes. Apart from manufacturing activities, the company is also engaged in trading of steel products.
